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Leyouyou Science and Technology settled at the Jintai Smart Industrial Park located in Chongqing's Liangjiang New Area on July 10.

The company, specialized in the research and manufacturing of mobile device chips and smart film SIM cards, is expected to provide over 100 jobs and reach an annual output value of 60 million yuan ($8.84 million).

Leyouyou was established by Taisys Technologies Co Ltd, a world leading provider of mobile interconnectivity and vertical integration solutions for various industries.

With a 300-million yuan investment, Taisys plans to establish a processing and manufacturing base for smart film SIM cards, a global data and customer service center, a global internet R&D center and a mobile financial support center in Liangjiang.

The Taipei-headquartered company has eight offices around the globe, providing value-added telecom services for over 200 countries, covering 80 percent of the 65 countries of the Belt and Road.

Jintai Park, with an overall area of 280,000 square meters, focuses on the research and development of 3D printing, wearable devices and internet transmission services.

Leyouyou Science and Technology settles in the Jintai Smart Industrial Park in Chongqing's Liangjiang New Area on July 10. [Photo provided to chinadaily.com.cn]

Edited by Zachary Dye