Acquisition of Motorola and IBM makes Lenovo Natural Largest Losses

Acquisition of Motorola and IBM makes Lenovo Natural Largest Losses - Step Lenovo acquired two years ago large companies like Motorola and IBM resulting in huge losses experienced by companies per quarter for the period from July to September.

The acquisition made Lenovo was actually impact on the company's losses. Mentioned that figure Lenovo net loss of USD 714 million. This figure is obviously much bigger than last year, which Lenovo posted a net profit of USD 262 million, as reported by the detikINET, Friday (11/13/2015).

This loss also became the biggest losses during the July to September. Mostly due to the acquisition and costs required to restructure the company in order to meet global demand for smartphones and PCs. As it is known that Lenovo last year acquired two large companies like Motorola out of the hands of Google, and also low-end server business IBM amounting to billions of dollars.

Restructuring itself is done to reduce operating costs, which is one way to reduce up to 3,200 non-manufacturing workers were conducted this year.

Although large, but this number is actually smaller than analyst forecasts Thomson Reuters SmartEstimates which estimates that the acquisition of Lenovo's move could hurt the company amounted to USD 787.7 million.

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