Mexican Semiconductors Potentially Undervalued Companies

Renesas Electronics

Market Cap: Mex$3.6t

Researches, develops, designs, manufactures, sells, and services semiconductors in Japan, China, rest of Asia, Europe, North America, and internationally.

Canadian Solar

Market Cap: Mex$957.6m

Provides solar energy and battery energy storage products and solutions in Asia, the United States, Europe, and internationally.

First Solar

Market Cap: Mex$20.8b

A solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally.

Daqo New Energy

Market Cap: Mex$1.7b

Manufactures and sells polysilicon to photovoltaic product manufacturers in the People’s Republic of China.

JinkoSolar Holding

Market Cap: Mex$1.2b

Engages in the design, development, production, and marketing of photovoltaic products.

Wolfspeed

Market Cap: Mex$1.4b

A semiconductor company, focuses on silicon carbide and gallium nitride (GaN) technologies in Europe, Hong Kong, China, rest of Asia Pacific, the United States, and internationally.

STMicroelectronics

Market Cap: Mex$17.9b

Designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

ASML Holding

Market Cap: Mex$466.7b

Provides lithography solutions for the development, production, marketing, sales, upgrading, and servicing of advanced semiconductor equipment systems.

Impinj

Market Cap: Mex$3.8b

Operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.