The Foxconn-owned Sharp Corp. has agreed a deal to acquire an 80 percent share in Toshiba’s PC business. Foxconn currently assembles Macs for Apple, while Sharp is an iPhone display maker.
The move won’t compete directly with Apple, although it puts Foxconn and Sharp in charge of a company which, at its 2011 peak, sold 17.7 million PCs in a year. That number fell to just 1.4 million units last year. Toshiba led the world in producing some of the earliest laptops. Its first laptop launched in 1985.