BEIJING | China’s Huawei unveils chip for global big data market

7Jan - by Editor - 0 - In STL.News

BEIJING  —Jan 07, 2019— Huawei Technologies Ltd. unveiled a processor chip Monday for data centers and cloud computing in a bid by the biggest global maker of telecom equipment to expand into new markets despite Western warnings the company might be a security risk.

The announcement came as Chinese industries that rely on Western technology step up efforts to develop their own. That is fueling competition for U.S. and European suppliers and frustration among governments that complain Beijing’s industry plans violate its trade obligations.

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