Toshiba is an important member of the world's chip manufacturers. In the 80s Toshiba and NEC were the two largest semiconductor manufacturers in the world. Toshiba has been one of the top 5 chip makers in the world since the 90s. In 2008 Toshiba was ranked 3rd behind Intel and Samsung, but ahead of Texas Instruments and STMicroelectronics.
In 2016, Midea acquired Toshiba's home appliance business, gaining a 40-year global license to the Toshiba brand and more than 5,000 patents related to white goods.In 2016, Canon acquired Toshiba Medical Systems Corporation, a subsidiary of the Toshiba Group.On January 4, 2018, the name was changed to Canon Medical Systems Corporation.