AAC Technologies, a Chinese smartphone solutions provider, announced on Monday that it will open its European headquarters in the Finnish city of Tampere with up to 200 new jobs on offer by the year 2025 and a research budget close to nine million euros.
In a press release, the company said that its goal is to make its Tampere HQ one of the world's foremost optics research centres.
AAC said that the investment will support doctoral training and research in imaging technology research.
The research consortium will initially link the Southern University of Science and Technology in Shenzhen in China with the University of Tampere in Finland.
"The tremendous optics expertise found in the Tampere academic research community makes the city a perfect place for our headquarters in Europe," David Plekenpol, AAC Technologies's chief strategy officer for Europe and the Americas said in the release.
University of Tampere provost Jarmo Takala said he was pleased with the deal.
"We have a strong tradition of cooperation with companies [and] that makes us one of the pioneers in this field," he said.