After rumors about dropping out of the TV business, Toshiba announced to license its brand in the USA to Compal. For Europe it is evaluating its options.
Toshiba joins a long list of former TV makers, which turned to a licensing model among them Sanyo, Sharp, Grundig, Telefunken and Philips.
The firm has said it would focus on super high-definition 4K TVs in Japan and the rapidly growing emerging markets.