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Taisys Technology officially settled in Liangjiang New Area on May 19, at the 19th Chongqing International Investment and Sourcing Fair.
It will establish manufacturing lines for mobile chips and conduct smart film SIM card programs.
Taisys technology is an international telecommunication service provider with globally leading mobile banking technology.
It will use its patented smart film SIM card technology and international marketing channels to cooperate with Liangjiang New Area in launching a regional research and innovation center and an operation headquarters in the area.
Taisys plans to invest 300 million yuan in establishing “one base and three centers”; namely, a processing and manufacturing center for smart film SIM cards, a global data settlement and customer service center and a global internet R&D center.
Taisys Holding Co. established Leyouyou Science and Technology in Chongqing to manufacture film and chips.
To achieve its annual production goal of 300 million yuan, Taisys will improve its global industrial layout and promote value-added services.
Since its establishment in 2005, Taisys Technology has been working to provide innovative solutions to virtual and other mobile internet operators taking advantages of its 14 core patents and 47 protected patents. The mobile bank solution provided by Taisys is the safest payment solution. It had over 15 million mobile users around the world by 2015.
Taisys launched its slimduet® app at the World Telecommunication Conference in Spain in March 2015. Thanks to Slimduet®, mobile users can get local mobile services without changing mobiles or SIM cards when they go abroad for businesses or travel.
Taisys settled in Liangjiang New Area to offer mobile finance and cross-border telecommunication services. It is expected to facilitate Liangjiang New Area’s smart manufacturing technology’s rise to international standards.
UK trade commissioner for China praised Chongqing as a burgeoning center in intelligent manufacturing.