Taiwanese Semiconductors Undervalued over 20% based on DCF

ASE Technology Holding

Market Cap: NT$1.6t

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

Phison Electronics

Market Cap: NT$338.9b

Designs, manufactures, and sells flash memory controllers and peripheral system applications in Asia, the United States, Europe, Australia, and internationally.

Kinsus Interconnect Technology

Market Cap: NT$153.5b

Engages in the manufacture and sale of electronic products in Taiwan and internationally.

Chipbond Technology

Market Cap: NT$62.5b

Engages in the research, development, manufacture, and sale of driver IC and non-driver IC packaging and testing services in Taiwan and internationally.

Marketech International

Market Cap: NT$61.6b

Manufactures, sells, imports, and trades in a range of integrated circuits, semiconductors, electrical and computer equipment and materials, chemicals, gas, spare parts, and components in Taiwan, China, the United States, and internationally.

Machvision

Market Cap: NT$49.6b

Engages in the manufacturing, repair, and sale of optical inspection machinery and equipment in Taiwan, China, and internationally.

Taiwan Puritic

Market Cap: NT$43.5b

Engages in the sale and maintenance of integrated circuit semiconductors, electronics, and computer equipment products in Taiwan.

Elite Semiconductor Microelectronics Technology

Market Cap: NT$41.0b

Elite Semiconductor Microelectronics Technology Inc.

Foxsemicon Integrated Technology

Market Cap: NT$32.2b

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

Silicon Integrated Systems

Market Cap: NT$23.8b

Engages in research, development, manufacture, and sale of integrated circuits and related components worldwide.

ITH

Market Cap: NT$16.1b

Engages in the provision of panel display and touch technology in Taiwan and internationally.

Anpec Electronics

Market Cap: NT$15.5b

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

Taiwan Semiconductor

Market Cap: NT$13.0b

Manufactures and sells rectifiers and bar code printers in Asia, the United States, Europe, and internationally.

Ample Electronic TechnologyLtd

Market Cap: NT$6.1b

Engages in the research, development, design, manufacture, and sale of conductive materials in Taiwan.

Sinopower Semiconductor

Market Cap: NT$5.7b

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

Ubright Optronics

Market Cap: NT$4.7b

Engages in the manufacture and sale of optical films in Taiwan.

Global Lighting Technologies

Market Cap: NT$4.6b

Designs, manufactures, and sells light guide plates and plastic components application products in Asia, the United States, and internationally.

Niko Semiconductor

Market Cap: NT$4.5b

Engages in the research, design, development, and sale of analog IC products in Taiwan, China, and internationally.

ANJI Technology

Market Cap: NT$4.1b

Engages in the development, manufacture, and sale of solar modules for power generation systems in Taiwan.

Epileds Technologies

Market Cap: NT$3.3b

Researches and develops, designs, manufactures, and sells blue, green, red, and white light LED wafers and chips in Taiwan and internationally.

Epoch Chemtronics

Market Cap: NT$3.2b

Manufactures and sells LED backlight modules, LGP, and LED lighting equipment in Taiwan.

Microip

Market Cap: NT$2.5b

Provides integrated circuit design and chip performance analysis services.

Unifosa

Market Cap: NT$715.6m

Operates as a memory modules ODM/OEM company in Taiwan.