Taiwanese Undiscovered Gems With Strong Fundamentals

Li Ming Development Construction

Market Cap: NT$4.1b

Li Ming Development Construction Co., Ltd.

Wan Hwa Enterprise

Market Cap: NT$5.0b

Engages in the rental of commercial buildings in Taiwan.

Apacer Technology

Market Cap: NT$15.6b

Researches, designs, develops, manufactures, processes, maintains, and sells memory modules and storage memory devices in Hong Kong, Taiwan, Mainland China, the Americas, Japan, and internationally.

Lan Fa Textile

Market Cap: NT$3.8b

Engages in the manufacture and sale of polyester textured yarn in Taiwan.

Triocean Industrial Corporation

Market Cap: NT$4.7b

Engages in the construction business in Taiwan.

Unitech Computer

Market Cap: NT$6.7b

Engages in the design, manufacture, sale, import and export of computers, computer peripheral equipment and automatic identification systems in Asia, America, Europe, and Oceania.

Lucky Cement

Market Cap: NT$6.1b

Manufactures and sells cement, stone, and other cement-related products in the People’s Republic of China.

Taisun Enterprise

Market Cap: NT$8.9b

Engages in the processing, manufacturing, wholesaling, and retailing of oil, food and beverages, fodder, and soybean flour products in Taiwan.

Walton Advanced Engineering

Market Cap: NT$19.4b

Provides semiconductor packaging and testing services in Taiwan and China.

Lumax International

Market Cap: NT$9.9b

Provides electronic components and program-controlled instruments in Taiwan and China.

Maxigen Biotech

Market Cap: NT$3.5b

Researches, develops, produces, and sells implantable medical devices and cosmetic products in Taiwan, America, Europe, rest of Asia, and internationally.

AzureWave Technologies

Market Cap: NT$10.4b

Engages in the manufacture and sale of wireless connectivity and image processing solutions worldwide.

Sesoda

Market Cap: NT$8.1b

Manufactures and markets sulfate of potash (SOP) in Taiwan.

HannStar Board

Market Cap: NT$44.2b

Manufactures, assembles, and sells printed circuit boards (PCBs) in Taiwan.

Lion Travel Service

Market Cap: NT$16.0b

Provides travel services in Taiwan and internationally.

104

Market Cap: NT$7.6b

Engages in the information technology, general advertising, employment, and human resource consultancy services in Taiwan and internationally.

ITE Tech

Market Cap: NT$21.0b

Engages in the design and development of PC and mobile phone controller chips in Taiwan, Asia, Europe, the United States, and Oceania.

Kinpo Electronics

Market Cap: NT$33.4b

Designs, manufactures, and sells consumer electronics, web-based communications, computer peripherals, and storage products in Taiwan, rest of Asia, the Americas, and internationally.

New Asia Construction & Development

Market Cap: NT$3.4b

Provides public construction services for governments in Taiwan.

Champion Building MaterialsLtd

Market Cap: NT$3.5b

Champion Building Materials Co., Ltd., together with its subsidiaries, manufactures and markets ceramics, ceramic products, stone products, fire-resistant materials, and other chemical products.

ASIX Electronics

Market Cap: NT$5.7b

An IC design company, engages in the research, development, manufacture, and sale of chips in Taiwan, China, and internationally.

Savior Lifetec

Market Cap: NT$5.8b

A specialty injectable company, develops, produces, and supplies sterile active pharmaceutical ingredients and finished dosage formulations.

Wholetech System Hitech

Market Cap: NT$8.4b

Provides system integration services in Taiwan, China, Japan, and Singapore.

Grade Upon Technology

Market Cap: NT$16.5b

Grade Upon Technology Corporation develops, manufactures, and sells sensor device products in Taiwan.

TCM Biotech International

Market Cap: NT$10.7b

A biotech company, engages in the research and development of drugs for liver diseases.

Uniplus Electronics

Market Cap: NT$6.1b

Engages in the research and development, manufacture, processing, and trading of printed circuit boards in Taiwan.

Nextronics Engineering

Market Cap: NT$4.2b

Provides connectors, thermal, backplane, and subracks for medical, aerospace, transportation, industry, and communication applications in Taiwan.

Sinopower Semiconductor

Market Cap: NT$3.9b

Engages in the research, design, manufacture, and sale of power semiconductor components and related modules in Taiwan and internationally.

Top Union Electronics

Market Cap: NT$4.6b

Engages in design, manufacture, and technical support of electronic products and communication equipment in Taiwan, the United States, and China.

Macnica Galaxy

Market Cap: NT$6.8b

Together with its subisidaries, engages in the agency trading and technical service of semiconductor electronic components in Taiwan, rest of Asia, and internationally.

Anpec Electronics

Market Cap: NT$17.5b

Engages in the design, testing, production, and marketing of mixed-signal power chips and sensors in Taiwan and internationally.

Advancetek EnterpriseLtd

Market Cap: NT$12.2b

Advancetek Enterprise Co.,Ltd. entrusts construction companies to build national residential buildings and commercial buildings for leasing and sale in Taiwan.

Bonny Worldwide

Market Cap: NT$7.3b

Engages in the manufacture and sale of OEM and ODM carbon fiber rackets and related sporting goods in China.

Machvision

Market Cap: NT$30.1b

Develops and sells machine vision systems for semiconductor and printed circuit board (PCB) industry in Taiwan.

Huang Hsiang Construction

Market Cap: NT$15.2b

Engages in development of residential and commercial properties.

Ligitek ElectronicsLtd

Market Cap: NT$7.2b

Researches, develops, manufactures, processes, and trades in various electronic components in Taiwan, the Americas, Europe, Asia, and internationally.