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Huawei posts 28% rise in 2017 net profit, to increase Research&Development investments

Updated : March 30, 2018 08:42 AM IST

In 2017, the enterprise business generated 54.9 billion yuan ($8.4 billion) in revenue, an increase of 35.1 per cent compared with 2016.
Huawei set up a Cloud Business Unit in 2017, which launched 99 cloud services across 14 major categories, and over 50 solutions.
The company also unveiled the Enterprise Intelligence (EI) platform and developed over 2,000 cloud service partners.
Huawei posts 28% rise in 2017 net profit, to increase Research&Development investments

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