BEIJING (AP) — Chinese telecom equipment giant Huawei has unveiled a processor chip for data centers and cloud computing in a bid to expand into an emerging global market despite Western warnings the company might be a security risk.

Monday’s announcement comes as Chinese vendors that rely on Western technology step up efforts to develop their own.

Huawei Technologies Ltd., the biggest global maker of network gear and the No. 2 smartphone brand, said its Kunpeng 920 chip is designed to process a growing flood of data from smartphones, entertainment and other services.

The U.S., Australia and some other governments have labeled Huawei and other Chinese suppliers a security risk and imposed curbs on use of their technology. Huawei has denied accusations it is controlled by China’s ruling Communist Party or facilitates spying.