Editing Toshiba (section)

===Present and future===
<gallery>
File:Lazona Kawasaki Toshiba Building.jpg|[[Toshiba Science Institute|Toshiba Science Museum]] in [[Kawasaki, Kanagawa|Kawasaki]], Japan
File:Toshiba Himeji.jpg|Toshiba factory in [[Taishi, Hyōgo|Taishi]], Japan
File:Elevator Research Tower of Toshiba Fuchu Complex.jpg|Elevator Research Tower of Toshiba Fuchu Complex. The largest factory complex in the Toshiba organization
File:Toshiba Rinkan Hospital.jpg|Toshiba Rinkan Hospital, [[Kanagawa]], Japan
</gallery>

In June 2018, Toshiba sold 80.1% of its Client Solutions ([[personal computer]]s) business unit to [[Sharp Corporation|Sharp]] for $36m, with an option allowing Sharp to buy the remaining 19.9% share.<ref>{{Cite web|last=Osborne|first=Charlie|title=Toshiba formally leaves the laptop business|url=https://www.zdnet.com/article/toshiba-formally-leaves-the-laptop-business/|access-date=14 June 2021|website=ZDNet|language=en}}</ref> Sharp renamed the business to [[Dynabook Inc.|Dynabook]], a brand name Toshiba had used in Japan, and started releasing products under that name. On  30 June 2020, Sharp exercised its option to acquire the remaining 19.9% percent of Dynabook shares from Toshiba.<ref name=":3">{{Cite web |title=Toshiba formally and finally exits laptop business |url=https://www.theregister.com/2020/08/07/toshiba_sells_last_dynabook_shares/ |access-date=8 August 2020 |website=www.theregister.com |language=en}}</ref> In May 2019, Toshiba announced that it would put non-Japanese investors on its board for the first time in nearly 80 years.<ref>{{Cite news |last=Narioka |first=Kosaku |date=13 May 2019 |title=Toshiba's Board Move Will Give Foreigners a Greater Voice |language=en-US |work=[[The Wall Street Journal]] |url=https://www.wsj.com/articles/toshibas-board-move-will-give-foreigners-a-greater-voice-11557725843 |access-date=16 July 2020 |issn=0099-9660}}</ref> In November, the company transferred its logistics service business to SBS Group.<ref>{{Cite news|last=|first=|date=|title=News Release|work=|url=https://sp.sbs-group.co.jp/sbsh/pdf/sbsh_pdf20201102_01_eng.pdf|access-date=|archive-date=9 February 2023|archive-url=https://web.archive.org/web/20230209204222/https://sp.sbs-group.co.jp/sbsh/pdf/sbsh_pdf20201102_01_eng.pdf|url-status=dead}}</ref>

In January 2020, Toshiba unveiled its plan to launch quantum cryptography services by September the same year.<ref name="quantumToshiba" /> It also announced a number of other technologies waiting for commercialization, including an affordable solid-state [[Lidar]] based on [[silicon photomultiplier]], high-capacity [[hydrogen fuel cells]],<ref>{{Cite web |title=Toshiba's megawatt fuel cells have enough juice to power a factory |url=https://asia.nikkei.com/Business/Companies/Toshiba-s-megawatt-fuel-cells-have-enough-juice-to-power-a-factory |access-date=27 July 2020 |website=Nikkei Asian Review |language=en-GB}}</ref><ref>{{Cite web |title=Toshiba's Light Sensor Paves the Way for Cheap Lidar |url=https://spectrum.ieee.org/toshibas-light-sensor-highresolution-lidar |access-date=27 July 2020 |website=IEEE Spectrum: Technology, Engineering, and Science News |date=16 July 2020 |language=en}}</ref> and a proprietary [[Algorithm|computer algorithm]] named ''Simulated Bifurcation Algorithm'' that mimics [[quantum computing]], of which it plans to sell access to other parties such as financial institutions, social networking services, etc. The company claims the algorithm running on a desktop PC at room temperature environment is capable of surpassing the performance of similar algorithms running on existing [[supercomputer]]s, even that of laser-based quantum computer when a specialized setting is given.<ref>{{Cite web |last=Armasu |first=Lucian |title=Toshiba Claims New Algorithm Runs Faster on Desktop PCs than Similar Algorithms on Supercomputers |url=https://www.tomshardware.com/news/toshiba-claims-new-algorithm-runs-faster-on-desktop-pcs-than-similar-algorithms-on-supercomputers |access-date=27 July 2020 |website=Tom's Hardware |date=18 January 2020 |language=en}}</ref> It has been added to quantum computing services offered by major cloud platforms including [[Microsoft Azure]].<ref>{{Cite web |date=22 September 2020 |title=Microsoft's Azure Quantum Platform Now Offers Toshiba's 'Simulated Bifurcation Machine' |url=https://www.hpcwire.com/2020/09/22/microsofts-azure-quantum-platform-now-offers-toshibas-simulated-bifurcation-machine/ |access-date=27 September 2020 |website=HPCwire |language=en-US}}</ref> In October 2020, Toshiba made a decision to pull out of the system [[Integrated circuit#LSI|LSI]] business citing mounted losses while reportedly mulling on the sale of its semiconductor fabs as well.<ref>{{Cite web |title=Toshiba to quit system LSI business |url=https://www.digitimes.com/news/a20200930VL202.html |access-date=23 November 2020 |website=DIGITIMES |date=30 September 2020 |language=en}}</ref><ref>{{Cite web |title=Toshiba says no decision yet for fab sale |url=https://www.digitimes.com/news/a20201120VL200.html |access-date=23 November 2020 |website=DIGITIMES |date=20 November 2020 |language=en}}</ref> In April 2021, [[CVC Capital Partners]] made a takeover offer.<ref>[https://www.bbc.com/news/business-56645451 Toshiba confirms $20bn takeover bid from British fund] ''[[BBC News]]'' 7 April 2021</ref>

On 12 November 2021, Toshiba announced that it would split into three separate companies. Two of the companies will respectively focus on infrastructure and electronic devices; the third, which will retain the Toshiba name, would manage the 40.6% stake in [[Kioxia]] and all other remaining assets. The company expected to complete the plan by March 2024<ref name="Breakup - WSJ">{{cite news |last1=Fujikawa |first1=Megumi |last2=Landers |first2=Peter |title=Toshiba, Like GE, Plans to Split Into Three Units |url=https://www.wsj.com/articles/toshiba-like-ge-plans-to-split-into-three-parts-11636700609 |access-date=12 November 2021 |work=[[The Wall Street Journal]] |date=12 November 2021}}</ref> but the plan was challenged by stockholders, and at an extraordinary general meeting on 24 March 2022, they rejected the plan. They also rejected an alternative plan put forward by a large institutional investor that would have had the company search for buyers among private equity firms.<ref name=":4" /> Toshiba announced in February 2022 that it plans to split into two companies instead after the original proposal proved unpopular with shareholders.<ref>{{cite web |title=Toshiba to sell stake in Carrier, split into two entities |url=https://www.econotimes.com/Japans-tech-giant-Toshiba-to-split-sell-stake-in-Carrier-1626623 |website=EconoTimes |date=8 February 2022 |publisher=Elmin Media LLC |access-date=24 September 2022}}</ref>

In March 2023, the company announced it had accepted a {{JPY|2|link=yes}}{{nbsp}}trillion ({{US$|15|long=no}}{{nbsp}}billion) buyout offer from a consortium of 20 companies, which was led by [[Japan Industrial Partners]] (JIP), a Tokyo-based private equity firm,<ref>{{Cite news |last=Landers |first=Peter |date=23 March 2023 |title=Toshiba Announces $15 Billion Plan to Be Taken Private |url=https://www.wsj.com/articles/toshiba-announces-15-billion-plan-to-be-taken-private-b090f9fb |access-date=23 March 2023 |newspaper=Wall Street Journal |language=en-US}}</ref> and includes [[Orix]], [[Chubu Electric Power]], and [[Rohm]]. On September 27, after the public offering was completed in the middle of that month, it was reported that it would be transferred to a new parent company, TBJH.<ref>{{cite news |date=2023-09-21 |title=Japan's troubled Toshiba to delist after takeover by Japanese consortium succeeds |url=https://abcnews.go.com/Technology/wireStory/japans-troubled-toshiba-delist-after-takeover-japanese-consortium-103366923 |url-status=live |archiveurl=https://web.archive.org/web/20230921040034/https://abcnews.go.com/Technology/wireStory/japans-troubled-toshiba-delist-after-takeover-japanese-consortium-103366923 |archivedate=2023-09-21 |work=abcnews}}</ref><ref>{{cite news |date=2023-09-21 |title=Toshiba succeeds at selling itself, delisting set for September 27 |url=https://www.theregister.com/2023/09/21/toshiba_tender_offer_succeeds/ |url-status=live |archiveurl=https://web.archive.org/web/20230921040040/https://www.theregister.com/2023/09/21/toshiba_tender_offer_succeeds/ |archivedate=2023-09-21 |work=The Register}}</ref> On 22 December 2023, it was announced that JIP's purchase of the company had been completed, two days after being delisted.<ref>{{Cite web |title=Toshiba Completes $14 Bn Buyout, Identifies Chip Production Priority |url=https://www.businessworld.in/article/Toshiba-Completes-14-Bn-Buyout-Identifies-Chip-Production-Priority-/22-12-2023-503215/ |access-date=2024-01-20 |work=BW BusinessWorld |language=en}}</ref> This move brought the company back to Japan after it had been run by overseas [[activist investor]]s.<ref>{{Cite web |last=Bridge |first=Anton |date=20 December 2023 |title=Toshiba to be delisted after 74 years, faces future with new owners |url=https://www.reuters.com/markets/deals/toshiba-be-delisted-after-74-years-faces-future-with-new-owners-2023-12-19/ |access-date=20 December 2023 |website=[[Reuters]]}}</ref><ref>{{Cite web |date=2023-03-23 |title=Toshiba board accepts Japan Industrial Partners' $15 billion buyout proposal |url=https://www.cnbc.com/2023/03/23/toshiba-board-accepts-japan-industrial-partners-15-bln-buyout-proposal.html |access-date=2023-12-19 |website=CNBC |language=en}}</ref>