Lithuanian Software Defensive Blue Chips

SCREEN Holdings

Market Cap: JP¥1.8t

Develops, manufactures, and markets semiconductor production equipment in Japan, Taiwan, South Korea, China, the United States, Europe, and internationally.

Shanghai Rural Commercial Bank

Market Cap: CN¥81.0b

Engages in commercial banking business in China.

First Horizon

Market Cap: US$11.6b

Operates as the bank holding company for First Horizon Bank that provides various financial services.

King Yuan Electronics

Market Cap: NT$363.8b

Engages in the designing, manufacturing, selling, testing, and assembly service of integrated circuits.

Industrial Bank of Korea

Market Cap: ₩16.7t

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

Lattice Semiconductor

Market Cap: US$11.5b

Develops and sells semiconductor, silicon-based and silicon-enabling, evaluation boards, and development hardware products in Asia, Europe, and the Americas.

GAIL (India)

Market Cap: ₹1.1t

Operates as a natural gas processing and distribution company in India and internationally.

Mowi

Market Cap: NOK 112.3b

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

Beijing E-Town Semiconductor Technology

Market Cap: CN¥79.8b

Beijing E-Town Semiconductor Technology Co., Ltd.

Centrica

Market Cap: UK£8.3b

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

Komercní banka

Market Cap: Kč232.9b

Provides various retail, corporate, and investment banking services primarily in the Czech Republic, and Central and Eastern Europe.

IDBI Bank

Market Cap: ₹1.0t

Provides banking and financial solutions to retail and corporate customers in India.

Sanan OptoelectronicsLtd

Market Cap: CN¥79.3b

Engages in the research, development, production, and sale of compound semiconductor materials and devices in China and internationally.

Orkla

Market Cap: NOK 111.2b

Operates as an industrial investment company within brands and consumer-oriented businesses in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally.

Guobo Electronics

Market Cap: CN¥79.3b

Engages in the research and development, production, and sale of active phased array transmitter and receiver components and radio frequency integrated circuit related products in China.

Banque Cantonale Vaudoise

Market Cap: CHF 8.8b

Engages in the provision of various financial services in Vaud Canton and rest of Switzerland, the European Union, North America, and internationally.

Tongfu MicroelectronicsLtd

Market Cap: CN¥78.6b

Provides integrated circuit (IC) encapsulation test services in China and internationally.

iA Financial

Market Cap: CA$15.5b

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

Vietnam Commercial Bank for Industry and Trade

Market Cap: ₫296.7t

Provides various banking products and services to individuals, businesses, and organizations in Vietnam and internationally.

Rockchip Electronics

Market Cap: CN¥78.0b

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

HKT Trust and HKT

Market Cap: HK$87.1b

An investment holding company, engages in the provision of technology, and satellite-and network-based telecommunications and related services in Hong Kong, Mainland China, and internationally.

Magnum Ice Cream

Market Cap: €9.4b

Engages in ice cream business.

Global Unichip

Market Cap: NT$351.1b

Engages in the research and development, production, testing, and sale of embedded memory and logic components, analog components, cell libraries, and EDA tools for various IC applications.

Manila Electric

Market Cap: ₱658.2b

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

HANMI Semiconductor

Market Cap: ₩16.1t

Manufactures and sells semiconductor equipment in South Korea and internationally.

TIM

Market Cap: R$58.8b

A telecommunications company, provides mobile, fixed, long-distance, data transmission, and broadband services in Brazil.

China Taiping Insurance Holdings

Market Cap: HK$86.5b

An investment holding company, underwrites various insurance and reinsurance products in the People’s Republic of China, Hong Kong, Macau, Singapore, and internationally.

Chubu Electric Power Company

Market Cap: JP¥1.7t

Engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally.

China Zheshang Bank

Market Cap: HK$85.7b

Provides various commercial banking products and services in Mainland China.

Admiral Group

Market Cap: UK£8.0b

A financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States.

Globe Life

Market Cap: US$10.9b

Through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle- and middle-income families in the United States.

Japan Post Insurance

Market Cap: JP¥1.7t

Provides life insurance products and services in Japan.

Alpha Bank

Market Cap: €9.1b

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

Dino Polska

Market Cap: zł38.1b

Operates a network of medium-sized grocery supermarkets under the Dino brand in Poland.

SBI Shinsei Bank

Market Cap: JP¥1.7t

Provides banking and financial products and services to individual customers, corporations, public-sector entities, and financial institutions in Japan.

National Silicon Industry Group

Market Cap: CN¥74.8b

National Silicon Industry Group Co., Ltd.