Latvian Telecom Defensive Blue Chips

Zhejiang Zheneng Electric Power

Market Cap: CN¥76.7b

Zhejiang Zheneng Electric Power Co., Ltd.

Macronix International

Market Cap: NT$357.9b

Engages in the design, manufacture, and supply of integrated circuits and memory chips.

Vanguard International Semiconductor

Market Cap: NT$357.6b

Engages in manufacturing, selling, packaging, testing, and computer-aided design of integrated circuits and other semiconductor devices in Taiwan and internationally.

China Zheshang Bank

Market Cap: HK$88.6b

Provides corporate and retail banking services in Mainland China.

Maxone Semiconductor (Suzhou)

Market Cap: CN¥76.4b

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

Max Healthcare Institute

Market Cap: ₹1.1t

Provides medical and healthcare services in India.

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.

Harel Insurance Investments & Financial Services

Market Cap: ₪32.9b

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

Alchip Technologies

Market Cap: NT$352.6b

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: ₹1.1t

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

Hangzhou Silan Microelectronics

Market Cap: CN¥75.4b

Engages in the research, design, development, production, and sale of electronic components in China.

ASMPT

Market Cap: HK$87.0b

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.

Rockchip Electronics

Market Cap: CN¥75.1b

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

United Nova TechnologyLtd

Market Cap: CN¥75.0b

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

Zhejiang Jingsheng Mechanical & Electrical

Market Cap: CN¥74.9b

Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.

American Financial Group

Market Cap: US$11.0b

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

Allegro MicroSystems

Market Cap: US$11.0b

Designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific power ICs for sensing, motion control, and power management functions of complex electromechanical or power conversion systems.

Hong Leong Bank Berhad

Market Cap: RM 45.4b

Operates as a financial services company in Malaysia and internationally.

Powerchip Semiconductor Manufacturing

Market Cap: NT$346.3b

Powerchip Semiconductor Manufacturing Corporation, together with its subsidiaries, engages in the research and development, manufacturing, testing, packaging, and sale of integrated circuit products in Taiwan, the United States, China, and internationally.

Olympus

Market Cap: JP¥1.8t

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

Silicon Motion Technology

Market Cap: US$10.9b

Designs, develops, and markets NAND flash controllers for solid-state storage devices and related devices in China, Japan, Singapore, Taiwan, Korea, the United States, and internationally.

Chiba Bank

Market Cap: JP¥1.8t

Provides banking products and services in Japan and internationally.

Novatek Microelectronics

Market Cap: NT$345.0b

A fabless chip design company, designs, develops and sells a range of display driver integrated circuits (IC) and system-on-a-chip (SoC) solutions in Taiwan, Asia, and internationally.

Skyworks Solutions

Market Cap: US$10.9b

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.

Budweiser Brewing Company APAC

Market Cap: HK$85.4b

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

BJ's Wholesale Club Holdings

Market Cap: US$10.9b

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

Interconexión Eléctrica E.S.P

Market Cap: Col$37.1t

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

Quebecor

Market Cap: CA$15.3b

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

WinWay Technology

Market Cap: NT$340.9b

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.

Globus Medical

Market Cap: US$10.8b

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

SICC

Market Cap: CN¥72.7b

Engages in the research, development, production, and sale of silicon carbide substrate materials in China and internationally.

Guangxi Guiguan Electric PowerCo.Ltd

Market Cap: CN¥72.6b

Engages in the generation and sale of electricity in China.

Industrial Bank of Korea

Market Cap: ₩16.4t

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

Suzhou Everbright Photonics

Market Cap: CN¥72.3b

Engages in the research, development, packaging, and sale of optoelectronic devices and systems in China and internationally.

Oklo

Market Cap: US$10.6b

Develops fission power plants to provide energy at scale to customers in the United States.

Alpha Bank

Market Cap: €9.3b

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