Phoseon Forms Wholly Foreign Owned Enterprise in China
New Entity to Sell and Service Products Directly to Chinese Customers.
HILLSBORO, OR – Phoseon Technology announced the formation of a wholly foreign owned enterprise (WFOE) in China to better serve the Chinese and greater Asia-Pacific markets.
The new limited liability company reinforces Phoseon’s commitment to the region and allows it to make investments and facilitate local sales and service transactions. The WFOE also enables Phoseon to source and potentially build local products for the domestic market.