Sumavision Technologies CO. LTD plans to establish a wholly owned subsidiary in California, USA, with total investment reaching 60.98 million yuan ($9.9 million).

The move aims to assist Sumavision with its overseas mergers and acquisitions, strategic investment and business expansion, and the US branch is also set to benefit the internationalization of Sumavision.

The company was founded in 2000, and it is principally engaged in the research, development, production and technical services of digital television software and hardware products.

Edited by Niva Whyman