South Korean Telecom Defensive Blue Chips

Maxone Semiconductor (Suzhou)

Market Cap: CN¥76.7b

Engages in the research, development, design, and manufacturing of semiconductor test solution products.

Henan Shijia Photons Technology

Market Cap: CN¥76.6b

Henan Shijia Photons Technology Co., Ltd.

ASMPT

Market Cap: HK$88.1b

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.

Ambuja Cements

Market Cap: ₹1.1t

Manufactures, markets, and sells cement and related products to individual home builders, developers, institutional clients, masons, contractors, architects, and construction professionals in India.

Budweiser Brewing Company APAC

Market Cap: HK$87.9b

An investment holding company, engages in brewing and distribution of beer in South Korea, Japan, New Zealand, China, India, Vietnam, Southeast Asia, and internationally.

American Financial Group

Market Cap: US$11.2b

An insurance holding company, provides property and casualty insurance products in the United States.

Harel Insurance Investments & Financial Services

Market Cap: ₪32.9b

Offers insurance and financial services in Israel, Europe, and internationally.

Caixa Seguridade Participações

Market Cap: R$57.0b

Provides insurance products in Brazil and internationally.

Alchip Technologies

Market Cap: NT$352.2b

Engages in the research, design, development, and manufacturing of application specific integrated circuits and system on a chip in the United States, China, Japan, Taiwan, and internationally.

Marico

Market Cap: ₹1.0t

Manufactures and sells branded consumer products in India, Bangladesh, Vietnam, and internationally.

Hong Leong Bank Berhad

Market Cap: RM 45.1b

Operates as a financial services company in Malaysia and internationally.

Quebecor

Market Cap: CA$15.5b

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

FormFactor

Market Cap: US$10.9b

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.

Alpha Bank

Market Cap: €9.5b

Provides various banking and financial products and services in Greece and internationally.

Manila Electric

Market Cap: ₱659.3b

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

Rockchip Electronics

Market Cap: CN¥73.4b

Operates as a fabless IC design company focusing on Intelligent IoT in China.

King Yuan Electronics

Market Cap: NT$343.0b

Designs, manufactures, sells, tests, and assembles integrated circuits.

Beijing Huafeng Test & Control TechnologyLtd

Market Cap: CN¥72.9b

Beijing Huafeng Test & Control Technology Co.,Ltd.

WinWay Technology

Market Cap: NT$340.6b

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.

Skyworks Solutions

Market Cap: US$10.7b

Develops, manufactures, and markets analog and mixed-signal semiconductor products and solutions in the United States, Taiwan, China, South Korea, Europe, the Middle East, Africa, and the Asia Pacific.

Chiba Bank

Market Cap: JP¥1.7t

Provides banking products and services in Japan and internationally.

Centrica

Market Cap: UK£8.1b

Operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally.

Olympus

Market Cap: JP¥1.7t

Engages in the manufacture and sale of medical equipment in Japan, America, the Middle East, Asia, and Oceania.

Interconexión Eléctrica E.S.P

Market Cap: Col$36.8t

Engages in the electric power, roads, and ICT and telecommunications business activities.

Chongqing Rural Commercial Bank

Market Cap: HK$83.2b

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

United Nova TechnologyLtd

Market Cap: CN¥71.5b

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

Max Healthcare Institute

Market Cap: ₹998.7b

Provides medical and healthcare services in India.

Baxter International

Market Cap: US$10.6b

Through its subsidiaries, provides a portfolio of healthcare products in the United States.

Mowi

Market Cap: NOK 101.8b

A seafood company, produces and sells Atlantic salmon products worldwide.

Sichuan Chuantou EnergyLtd

Market Cap: CN¥71.3b

Engages in the clean energy business in China.

Globus Medical

Market Cap: US$10.5b

Develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally.

Lotus Bakeries

Market Cap: €9.2b

Provides various snack products in Belgium and internationally.

Magnum Ice Cream

Market Cap: €9.1b

Engages in the ice cream business in the Netherlands.

Molina Healthcare

Market Cap: US$10.4b

Provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces in the United States.

Hunan Goke MicroelectronicsLtd

Market Cap: CN¥70.3b

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

Maplebear

Market Cap: US$10.4b

Maplebear Inc., doing business as Instacart, operates as a technology and enablement partner for the grocery industry in the United States and internationally.