German Telecom Defensive Blue Chips

WinWay Technology

Market Cap: NT$353.0b

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.

China Zheshang Bank

Market Cap: HK$87.8b

Provides corporate and retail banking services in Mainland China.

iA Financial

Market Cap: CA$15.5b

Provides insurance and wealth management services for individual and group basis in Canada and the United States.

Fervo Energy

Market Cap: US$11.2b

Operates as a geothermal energy developer, builds, owns, and operates geothermal power facilities.

Hunan Goke MicroelectronicsLtd

Market Cap: CN¥75.8b

Engages in the research and development of integrated circuit chip related products in China.

Guangdong Haid Group

Market Cap: CN¥75.8b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

Tanganda Tea

Market Cap: US$1.4b

Engages in the production, package, and distribution of tea and coffee products in Zimbabwe.

Orkla

Market Cap: NOK 102.9b

Operates as an industrial investment company within brands and consumer-oriented businesses worldwide.

Sanlam

Market Cap: R181.4b

Provides various financial services in South Africa, Pan-Africa, Asia, and internationally.

Suzhou Maxwell Technologies

Market Cap: CN¥75.1b

Engages in the design, research and development, production, and sale of solar cell production equipment in China.

Manila Electric

Market Cap: ₱676.3b

Manila Electric Company holds a congressional franchise to construct, operate, and maintain an electric distribution system in the Philippines.

SG Micro

Market Cap: CN¥74.1b

Engages in the development, manufacturing and sales of comprehensive analog and mixed-signal integrated-circuit (IC) solutions in Mainland China, Hong Kong, Taiwan, and internationally.

Industrial Bank of Korea

Market Cap: ₩16.3t

Operates as a small and medium-sized enterprise (SME) financing bank in Korea and internationally.

ASMPT

Market Cap: HK$85.2b

An investment holding company, engages in the design, manufacture, and marketing of machines, tools, and materials used in the semiconductor and electronics assembly industries internationally.

BJ's Wholesale Club Holdings

Market Cap: US$10.8b

Operates membership warehouse clubs on the eastern half of the United States.

Quebecor

Market Cap: CA$15.0b

Engages in the telecommunications, media, and sports and entertainment businesses in Canada.

Sichuan Chuantou EnergyLtd

Market Cap: CN¥73.3b

Engages in the clean energy business in China.

Globalstar

Market Cap: US$10.8b

Provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally.

Chongqing Rural Commercial Bank

Market Cap: HK$83.9b

Provides banking and related financial services in the People’s Republic of China.

Far EasTone Telecommunications

Market Cap: NT$335.1b

Provides mobile telecommunications services in Taiwan and internationally.

TIM

Market Cap: R$54.0b

Engages in the telecommunications sector in Brazil.

Insulet

Market Cap: US$10.7b

Develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes in the United States and internationally.

FormFactor

Market Cap: US$10.6b

Designs, manufactures, and sells probe cards, analytical probes, probe stations, thermal systems, cryogenic systems, and related services in the United States, South Korea, Taiwan, China, Japan, Singapore, Europe, Malaysia, and internationally.

Taiwan Mobile

Market Cap: NT$333.4b

Provides telecommunications, broadband, retail, digital, and financial services in Taiwan and internationally.

Tsingtao Brewery

Market Cap: CN¥71.6b

Engages in the manufacture and sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Unigroup Guoxin Microelectronics

Market Cap: CN¥71.5b

Unigroup Guoxin Microelectronics Co., Ltd.

Lumen Technologies

Market Cap: US$10.5b

A networking company, provides integrated products and services to business and mass customers in the United States and internationally.

United Nova TechnologyLtd

Market Cap: CN¥71.0b

Manufactures and markets power discrete and modules in China and internationally.

Vietnam Commercial Bank for Industry and Trade

Market Cap: ₫274.6t

Provides various banking products and services in Vietnam and internationally.

Zhejiang Jingsheng Mechanical & Electrical

Market Cap: CN¥70.6b

Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.

Encompass Health

Market Cap: US$10.4b

Operates inpatient rehabilitation hospitals in the United States and Puerto Rico.

BUA Cement

Market Cap: ₦14.2t

Engages in the manufacture, sale and distribution of cement and related products under the BUA Cement brand in Nigeria and internationally.

Caixa Seguridade Participações

Market Cap: R$52.4b

Provides insurance products in Brazil and internationally.

Henan Shijia Photons Technology

Market Cap: CN¥70.1b

Henan Shijia Photons Technology Co., Ltd.

Smithfield Foods

Market Cap: US$10.3b

Produces various packaged meats and fresh pork products in the United States and internationally.

SD Guthrie Berhad

Market Cap: RM 40.8b

Operates as an integrated plantations company in Malaysia and internationally.