Technology 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. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.