Taiwanese Semiconductors Undervalued over 20% based on DCF

MediaTek

Market Cap: NT$6.0t

Engages in the research, development, production, manufacture, and marketing of multimedia integrated circuits (ICs) in Taiwan, rest of Asia, and internationally.

Nanya Technology

Market Cap: NT$1.8t

Research, develops, manufactures, and sells semiconductor products in Taiwan, Japan, Malaysia, China, the United States, Thailand, Germany, Singapore, Poland and internationally.

Winbond Electronics

Market Cap: NT$814.5b

Engages in the research, development, production and sales of integrated circuits, various semiconductor components and other system products.

MPI

Market Cap: NT$535.5b

Manufactures, processes, repairs, imports/exports, and trades in semiconductor manufacturing and testing equipment in Taiwan, China, the United States, Singapore, Korea, and internationally.

GlobalWafers

Market Cap: NT$449.9b

Researches, develops, designs, manufactures and sells semiconductor ingots/wafers in Taiwan and internationally.

WinWay Technology

Market Cap: NT$230.6b

Designs, processes, and sells optoelectronic product test fixtures, integrated circuit test interfaces, and fixtures and their components in Taiwan, the Americas, China, Asia, Europe, and Canada.

AP Memory Technology

Market Cap: NT$143.8b

Designs, develops, licenses, manufactures, and sells customized memory-related integrated circuit (IC) chip products and technologies in China, Singapore, Taiwan, Europe, the United States, and internationally.

Marketech International

Market Cap: NT$108.1b

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.

Grand Process Technology

Market Cap: NT$65.3b

Manufactures and sells semiconductor equipment in Taiwan.

Innostar Service

Market Cap: NT$65.2b

Designs, manufactures, and sells automation equipment and semiconductor probe card related machinery and equipment in China.

ChipMOS TECHNOLOGIES

Market Cap: NT$60.7b

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, and internationally.

PANJIT International

Market Cap: NT$50.8b

Manufactures, processes, assembles, imports, and exports semiconductors in Taiwan, Asia, the Americas, Europe, and internationally.

Faraday Technology

Market Cap: NT$44.2b

Operates as a fabless ASIC/SoC and silicon intellectual property (IP) provider in China, Taiwan, Japan, the United States, and internationally.

Parade Technologies

Market Cap: NT$43.5b

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

Machvision

Market Cap: NT$43.3b

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

PixArt Imaging

Market Cap: NT$29.3b

Researches, designs, produces, and sells CMOS image sensors and related ICs in Taiwan and internationally.

Linco Technology

Market Cap: NT$22.5b

Develops, manufactures, and sells vacuum sputtering and plasma treatment equipment.

M31 Technology

Market Cap: NT$17.4b

Provides silicon intellectual property (IP) design services in the integrated circuit industry.

ITH

Market Cap: NT$15.4b

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

Gudeng Equipment

Market Cap: NT$6.8b

Together with its subsidiary, ShoWa Precision Co., Ltd., focuses on sales, repair and maintenance of various precision instruments.

Ubright Optronics

Market Cap: NT$4.5b

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

Santa Phoenix Technology

Market Cap: NT$3.1b

Designs and manufactures semiconductors in Taiwan.

Yield Microelectronics

Market Cap: NT$2.4b

Provides embedded non-volatile memory (eNVM) silicon intellectual property (IP) products in Taiwan.

Unifosa

Market Cap: NT$742.2m

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

Avid Electronics

Market Cap: NT$398.6m

An IC design company, engages in the design, production, and sales of computer peripheral products, semiconductor components, and semiconductor materials in Taiwan.