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The Indian Wire - Toshiba Wraps Up Its Laptop Business - 18-AUG-2020
The Indian Wire - Toshiba Wraps Up Its Laptop Business - 18-AUG-2020
The Indian Wire - Toshiba Wraps Up Its Laptop Business - 18-AUG-2020
com/business/the-fall-of-a-giant-toshiba-wraps-up-its-laptop-business-281985/
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Source: https://www.theindianwire.com/business/the-fall-of-a-giant-toshiba-wraps-up-its-laptop-business-281985/
imports as its quality was poorer than that of the imports and it cost 60% more than that of superior
quality imported bulbs. Although it survived the First Sino-Japanese War of 1894–95 and the Russo-
Japanese War of 1904–05, the company’s economic condition fell to the ground.
In 1905 the company upon agreements with General Electric of USA renamed itself Tokyo Denki. The
American company helped the Japanese both technologically and financially. In return for a 51% stake in
the company, they provided with a vice president for the company and also the technology for superior
bulb making. Under GE’s trademark, the company started to produce and sell its product.
In 1939 the company went into an agreement with Shibaura Seisakusho and both merged to create Tokyo
Shibaura Denki (Tokyo Shibaura Electric Company, now Toshiba).
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Source: https://www.theindianwire.com/business/the-fall-of-a-giant-toshiba-wraps-up-its-laptop-business-281985/
in the US. During this time the company also retained its lead in being the top company in the NAND
flash drive market.
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Source: https://www.theindianwire.com/business/the-fall-of-a-giant-toshiba-wraps-up-its-laptop-business-281985/
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Source: https://www.theindianwire.com/business/the-fall-of-a-giant-toshiba-wraps-up-its-laptop-business-281985/
As of Toshiba is neither “In Touch With Tomorrow” nor is “leading innovation” as its slogans said in
those days. But it is definite that they can “Feel The Power” of the current market competition. Coming
years will question its relevancy and if it can still be “Committed to People, Committed to the Future”.
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