 The presence of large foreign firms in the salmon industry has brought what probably most contributes to Chile's burgeoning salmon production, technology.Technology transfer has allowed Chile to build its global competitiveness and innovation and has led to the expansion of production as well as to an increase in average firm size in the industry.In November 2018, the Chinese company Joyvio Group (Legend Holdings) bought the Chilean salmon producer Australis Seafoods for $880 million, thus gaining control over 30% of all Chilean salmon exports.