Huawei launches new phone and expands deals ahead of rivals

Huawei has launched a new foldable phone called the Pura X Max, getting ahead of expected releases from competitors like Apple and Samsung. The company is also expanding its business in Vietnam by signing a deal with the local bank SHB.

Separately, Huawei is in talks with the Egyptian government about cooperating on energy storage projects. These moves show the company is actively launching new products and forming partnerships in different regions.