Fantastic story reveals a 2003 deal that would have completely changed today's smartphone industry

The whole smartphone market would look differently today had Motorola and Huawei followed through on a deal that was agreed to by both parties back in 2003. A letter of intent signed by both companies late in 2003 called for the acquisition of Huawei by Motorola for $7.5 billion. This amazing story was published today in The Financial Times, and includes a photo of then Motorola Chief Operating Officer Mike Zafirovski, and the head of the firm's Chinese business, Larry Cheng, walking on a beach in China with Huawei founder Ren Zhengfei. Ren was just 49 when the photo was snapped.

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