Global Semiconductors Undervalued based on future growth

ASE Technology Holding

Market Cap: NT$724.1b

Provides semiconductor manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally.

First Solar

Market Cap: US$21.6b

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

Powertech Technology

Market Cap: NT$111.6b

Researches, designs, develops, assembles, manufactures, packages, tests, and sells various integrated circuit (IC) products in Taiwan, Japan, Singapore, the United States, Europe, China, Hong Kong, Macao, and internationally.

Sino-American Silicon Products

Market Cap: NT$66.6b

Engages in the research and development, design, production, and sale of semi-conductor silicon materials and components, rheostats, and optical and communications wafer materials.

Himax Technologies

Market Cap: US$1.4b

A fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, Korea, Japan, the United States, and internationally.

Shanghai GenTech

Market Cap: CN¥10.2b

Provides process critical system solutions to customers in hi-tech and advanced manufacturing industries in China.

Sigurd Microelectronics

Market Cap: NT$42.8b

Engages in the design, processing, testing, burn-in treatment, manufacture, and trading of integrated circuits (ICs) in Taiwan, Singapore, America, China, and internationally.

Foxsemicon Integrated Technology

Market Cap: NT$31.9b

Engages in the research, development, design, manufacturing, and sale of semiconductor equipment subsystems and system integration in Taiwan, the United States, China, and internationally.

JUSUNG ENGINEERINGLtd

Market Cap: ₩1.4t

Manufactures and sells semiconductor, display, solar, and lighting equipment in South Korea and internationally.

Mitsui High-tec

Market Cap: JP¥140.9b

Produces and sells lead frames, precision tools, motor cores, and surface grinders for the electronics, automobile, and industrial machinery industries in Japan, China, and internationally.

X-FAB Silicon Foundries

Market Cap: €806.7m

Develops, produces, and sells analog/mixed-signal IC, micro-electro-mechanical systems, and silicon carbide products for automotive, medical, industrial, communication, and consumer sectors in the Europe, the United States, Asia, and internationally.

ITH

Market Cap: NT$21.2b

Provides panel display and touch integrated single chip in Taiwan and internationally.

KoMiCo

Market Cap: ₩970.8b

Provides semiconductor equipment cleaning and coating products in South Korea, the United States, China, Taiwan, and Singapore.

ChipMOS TECHNOLOGIES

Market Cap: NT$19.8b

Engages in the research and development, manufacture, and sale of integrated circuits, and related assembly and testing services in Taiwan, Japan, the People’s Republic of China, Singapore, and internationally.

LX Semicon

Market Cap: ₩866.9b

Operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.

BaTeLab

Market Cap: HK$3.5b

Engages in the research, development, and sale of analog integrated circuit (IC) patterned wafers used in packaging and testing solutions in China.

Materials Analysis Technology

Market Cap: NT$13.5b

Engages in the research and development, and intellectual property services in Taiwan, Mainland China, Japan, the United States, and internationally.

OptorunLtd

Market Cap: JP¥65.4b

Engages in the manufacture, distribution, and import/export of vacuum coating machines, peripheral equipment, and units using vacuum coating products in Japan.

Wonik QnC

Market Cap: ₩578.3b

Manufactures and sells quartz and ceramic wares used in the production of semiconductor wafers.

NEXTIN

Market Cap: ₩494.6b

Manufactures defect inspection and metrology systems for semiconductor and display industries in South Korea.

HAESUNG DS

Market Cap: ₩438.6b

Manufactures and sells semiconductor components in South Korea and internationally.

ZeusLtd

Market Cap: ₩415.1b

Provides semiconductor, robot, and display total solutions in South Korea and internationally.

SUNIC SYSTEM

Market Cap: ₩339.6b

Manufactures and sells OLED deposition equipment and semiconductor vacuum equipment in Korea.

STI

Market Cap: ₩296.2b

Operates in the semiconductor equipment industry in Korea.

UNISEM

Market Cap: ₩282.7b

Manufactures and sells semiconductor equipment and components in South Korea and internationally.

Advanced Process Systems

Market Cap: ₩272.6b

Develops and sells semiconductors and display manufacturing equipment primarily in South Korea, China, and Vietnam.

Protec

Market Cap: ₩271.8b

Manufactures and sells semiconductor packaging equipment and automated pneumatic parts in South Korea.

TEMC

Market Cap: ₩188.2b

Temc Co., Ltd., a specialized material company, manufactures and sells special gases and medical gases for use in semiconductor and display processes.

Intchains Group

Market Cap: US$112.7m

Engages in the provision of altcoin mining products in the People’s Republic of China.

TESEC

Market Cap: JP¥11.3b

Designs, develops, manufactures, and sells semiconductor test equipment in Japan and internationally.

P&H Tech

Market Cap: ₩60.6b

Develops, produces, and sells organic light emitting diode (OLED) materials and catalysts.

MEMSCAP

Market Cap: €30.3m

Provides micro-electro-mechanical systems (MEMS) based solutions for aerospace and defense, optical communications, medical, and biomedical markets worldwide.