Rumor | Toshiba could sell its PC division to Asus or Lenovo
Toshiba is one of the biggest Japanese OEMs, but its financial problems from the past few years are really pressuring the company into selling more and more of its divisions. Just recently, Toshiba had to sell 95% of its TV business to the Chinese OEM Hisense, while its memory division was sold to a consortium formed by Apple, Dell and Hynix a few months ago.
The PC division (mobile computers mostly) is not doing well either, as analyst predict the losses for this year to be bigger than last year’s, and losses would gradually increase on a year-to-year basis. Toshiba is in a delicate situation where it could be better off just selling the PC division, and several sources are citing this as a strong possibility. Japanese news organization Nikkei points out that Toshiba could sell the PC division to Asus or Lenovo, but Toshiba specifically stated that there are no talks with Asus in this regard.
A great opportunity for Toshiba would’ve been the creation of the biggest Japanese PC company by merging its division with Fujitsu and Vaio, but Fujitsu sold most of its business to Lenovo meanwhile. The situation could be even worse now, since Toshiba not admitting to any negotiations may prove that the company is having trouble finding interested buyers.