Foreign direct investment is considered to be one of the important technology transfer channels from advanced countries to less developed countries. The purpose of the study is to find the answers for the problems: if there is any difference of technology absorption level between the foreign affiliate companies, and what are the major factors which explain the difference. It is shown that the technology absorption level of foreign affiliate company is negatively related to the management control level by foreigners, to the rate of exportation, but positively related to the number of competing company and to the nature of generality of the technology.