Filipino Software Defensive Blue Chips

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.

Dino Polska

Market Cap: zł40.2b

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

Rockchip Electronics

Market Cap: CN¥77.7b

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

Japan Post Insurance

Market Cap: JP¥1.7t

Provides life insurance products and services in Japan.

Phoenix Financial

Market Cap: ₪35.0b

Provides multi-line insurance products in Israel.

Marico

Market Cap: ₹999.1b

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

Shree Cement

Market Cap: ₹997.5b

Engages in the manufacture and sale of cement and clinker in India and internationally.

Alibaba Health Information Technology

Market Cap: HK$86.0b

An investment holding company, engages in the pharmaceutical direct sales, pharmaceutical e-commerce platform, and healthcare and digital services businesses in Mainland China and Hong Kong.

Banque Saudi Fransi

Market Cap: ر.س41.4b

Provides banking and financial services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Globe Life

Market Cap: US$11.0b

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

China Resources Beer (Holdings)

Market Cap: HK$85.6b

An investment holding company, manufactures, distributes, and sells alcoholic beverages in Mainland China.

Beijing E-Town Semiconductor Technology

Market Cap: CN¥76.6b

Beijing E-Town Semiconductor Technology Co., Ltd.

ICICI Prudential Life Insurance

Market Cap: ₹989.9b

Provides life insurance, annuity, pension, and health insurance products to individuals and groups in India.

HANMI Semiconductor

Market Cap: ₩15.9t

Manufactures and sells semiconductor equipment in South Korea and internationally.

ICICI Lombard General Insurance

Market Cap: ₹986.1b

Provides various general insurance products and services in India.

Buzzi

Market Cap: €9.3b

Manufactures, distributes, and sells cement, ready-mix concrete, and natural aggregates.

Komercní banka

Market Cap: Kč224.9b

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

VeriSilicon Microelectronics (Shanghai)

Market Cap: CN¥75.8b

Provides platform-based custom silicon and semiconductor IP licensing services in China and internationally.

United Spirits

Market Cap: ₹976.7b

Manufactures, sells, and distributes alcoholic beverages and other allied spirits in India and internationally.

Lattice Semiconductor

Market Cap: US$10.8b

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

Orkla

Market Cap: NOK 107.9b

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.

Encompass Health

Market Cap: US$10.7b

Provides post-acute healthcare services in the United States and Puerto Rico.

Itissalat Al-Maghrib (IAM)

Market Cap: د.م97.7b

Provides various telecommunication solutions in Morocco and internationally.

Rambus

Market Cap: US$10.7b

Manufactures and sells semiconductor products in the United States, South Korea, Singapore, and internationally.

Amkor Technology

Market Cap: US$10.6b

Provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, and the Asia Pacific.

Bank of the Philippine Islands

Market Cap: ₱624.0b

Provides various financial products and services to retail and corporate clients in the Philippines.

Centrica

Market Cap: UK£7.8b

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

Old Republic International

Market Cap: US$10.5b

Through its subsidiaries, provides insurance underwriting and related services primarily in the United States and Canada.

Tsingtao Brewery

Market Cap: CN¥73.3b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Bangkok Bank

Market Cap: ฿328.3b

Provides various commercial banking products and services in Thailand and internationally.

Vietnam Commercial Bank for Industry and Trade

Market Cap: ₫275.7t

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

Nova

Market Cap: US$10.3b

Engages in the design, development, production, and sale of process control systems used in the manufacture of semiconductors in Taiwan, the United States, China, Korea, and internationally.

Webster Financial

Market Cap: US$10.3b

Operates as the bank holding company for Webster Bank, National Association that provides various financial products and services to businesses, individuals, and families in the United States.

Enel Américas

Market Cap: CL$9.3t

Generates, transmits, and distributes electricity in Brazil, Colombia, Central America, Argentina, and Peru.

Taiwan Mobile

Market Cap: NT$323.6b

Provides wireless communication services in Taiwan, the Republic of China, and internationally.

Commercial Bank for Investment and Development of Vietnam

Market Cap: ₫270.0t

Provides various banking products and services for individuals, corporate customers, and financial institutions in Vietnam.