U.S. Tech Potentially Undervalued Companies

Ribbon Communications

Market Cap: US$657.0m

Provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

Diebold Nixdorf

Market Cap: US$2.2b

Engages in the automating, digitizing, and transforming the way people bank and shop worldwide.

Sangoma Technologies

Market Cap: US$266.4m

Develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally.

Aviat Networks

Market Cap: US$270.5m

Provides microwave networking and wireless access networking solutions in North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific.

CPI Card Group

Market Cap: US$168.8m

Engages in the design, production, data personalization, packaging, and fulfillment of payment cards in the United States.

Xerox Holdings

Market Cap: US$480.7m

Operates as a workplace technology company that integrates hardware, services, and software for enterprises in North America, Latin America, Europe, the Middle East, Africa, India, and internationally.

Corsair Gaming

Market Cap: US$869.5m

Designs and sells gaming and streaming peripherals, components, and systems in Europe, the Middle East, North Africa, North America, Latin America, and the Asia Pacific.

Lenovo Group

Market Cap: US$136.1b

An investment holding company, develops, manufactures, and markets technology products and services.

Ingram Micro Holding

Market Cap: US$4.5b

Through its subsidiaries, distributes information technology products, cloud, and other services in North America, Europe, the Middle East, Africa, the Asia-Pacific, Latin America, and internationally.

Firan Technology Group

Market Cap: US$268.9m

Manufactures and sells aerospace and defense electronic products and subsystems in Canada, the United States, and China.

Telefonaktiebolaget LM Ericsson

Market Cap: US$247.0b

Provides mobile connectivity solutions to communications service providers, enterprises, and the public sector.

TransAct Technologies

Market Cap: US$42.8m

Designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally.

LG Display

Market Cap: US$5.7t

Engages in the manufacture and sale of thin-film transistor liquid crystal display (TFT-LCD) and organic light-emitting diode (OLED) technology-based display panels in Korea, China, rest of Asia, the Americas, Poland, and rest of Europe.

HP

Market Cap: US$24.9b

Provides personal computing, printing, 3D printing, hybrid work, gaming, and other related technologies in the United States and internationally.

Avnet

Market Cap: US$4.4b

Distributes electronic component technology in the Americas, Europe, the Middle East, Africa, and Asia/Pacific.

BYD Electronic (International)

Market Cap: US$83.9b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

TD SYNNEX

Market Cap: US$12.0b

Operates as a distributor and solutions aggregator for the information technology (IT) ecosystem.

Gauzy

Market Cap: US$105.5m

An integrated light and vision control company, develops, manufactures, and supplies vision and light control technologies in Israel, the United States, France, rest of Europe, Asia, and internationally.

Rigaku Holdings

Market Cap: US$185.8b

Manufactures and sells scientific instruments focuses on x-ray technologies in Japan, Asia, the United States, Europe, the Middle East, and Africa.

Canon

Market Cap: US$3.9t

Manufactures and sells office multifunction devices (MFDs), laser and inkjet printers, cameras, medical equipment, and lithography equipment in Japan, the Americas, Europe, and Asia and Oceania.

Vtech Holdings

Market Cap: US$15.5b

Designs, manufactures, and distributes electronic products in Hong Kong, North America, Europe, the Asia Pacific, and internationally.

Turtle Beach

Market Cap: US$307.4m

Operates as an audio technology company in North America, Europe, the Middle East, and the Asia Pacific.

Vontier

Market Cap: US$6.2b

Provides mobility ecosystem solutions worldwide.

NetApp

Market Cap: US$21.6b

Provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

BYD Electronic (International)

Market Cap: US$83.9b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

Methode Electronics

Market Cap: US$235.3m

Designs, engineers, produces, and sells mechatronic products internationally.

PC Connection

Market Cap: US$1.6b

Provides various information technology (IT) solutions worldwide.

Lenovo Group

Market Cap: US$136.1b

An investment holding company, develops, manufactures, and markets technology products and services.

Boxlight

Market Cap: US$4.6m

Designs, produces, and distributes interactive technology solutions for the education, health, corporate, military, and government sectors in the Americas, Europe, the Middle East, Africa, and internationally.

Murata Manufacturing

Market Cap: US$4.4t

Develops, manufactures, and sells ceramic-based passive electronic components and solutions in Japan and internationally.

Quantum

Market Cap: US$47.0m

Provides products for storing and managing digital video and unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Murata Manufacturing

Market Cap: US$4.4t

Develops, manufactures, and sells ceramic-based passive electronic components and solutions in Japan and internationally.

Venture

Market Cap: US$3.8b

Provides technology solutions, products, and services in Singapore, the Asia Pacific, and internationally.

Itron

Market Cap: US$5.7b

A technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide.

Blackline Safety

Market Cap: US$537.0m

Develops, manufactures, and markets worker safety monitoring products and services in Canada, the United States, Europe, and internationally.

Viasat

Market Cap: US$3.5b

Provides broadband and communications products and services in the United States and internationally.