What They Say
Japanese PC maker, Dynabook – owned by Sharp and including the Toshiba PC business bought by Sharp in 2018 – had hoped to have an IPO this year, but has deferred it to 2021.
What We Think
I would have thought that the revival in the PC business because of Covid would have provided a better environment for an IPO, but no doubt the company will have been taking soundings among potential investors. By 2021, the full economic impact of the pandemic will be clear and that may mean limited cash for this kind of investment. Then again, I guess that undertaking an IPO while coping with the current situation would also have been something of a challenge. The plan for an IPO explains the use of the Dynabook brand at CES although the products were shown on the Sharp booth. (BR)
Dynabook still uses the familiar Toshiba sub-brands
