China's Huawei unveils chip for global big data market despite Western security warnings

BEIJING - Huawei Technologies Ltd. showed off a new processor chip for data centers and cloud computing Monday, expanding into new and growing markets despite Western warnings the company might be a security risk. Huawei and other Chinese technology companies that rely on Western technology are stepping up efforts to develop their own. The company based in southern China's Shenzhen has pushed ahead with commercial initiatives despite the Dec. 1 arrest of its chief financial officer, Meng Wanzhou, the daughter of Huawei founder Ren Zhengfei, in Canada on U.S. charges related to possible violations of trade sanctions on Iran. Huawei said the Kunpeng 920 chip is designed for servers that handle a flood of data from smartphones, video and other network services -- a fast growing sector with the development of artificial intelligence and the "internet of things." The company said it is part of a planned product lineup to support "intelligent computing."