Taiwanese Tech Defensive Blue Chips

Industrial Bank of Korea

Market Cap: ₩15.5t

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

Osaka Gas

Market Cap: JP¥1.7t

Provides gas, electricity, and other energy products and services in Japan and internationally.

Bangkok Dusit Medical Services

Market Cap: ฿363.9b

Operates hospitals in Thailand and internationally.

RenaissanceRe Holdings

Market Cap: US$11.3b

Provides reinsurance and insurance products in the United States and internationally.

GD Power DevelopmentLtd

Market Cap: CN¥80.8b

Operates as a power generation company in China.

Giga Device Semiconductor

Market Cap: CN¥80.7b

Engages in the research, development, technical support, and sale of memory, microcontrollers, and sensors.

Zegona Communications

Market Cap: UK£8.2b

Engages in investing in the telecommunications, media, and technology businesses in Europe.

Universal Health Services

Market Cap: US$11.2b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

First Horizon

Market Cap: US$11.1b

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

Alchip Technologies

Market Cap: NT$333.1b

Engages in the research and development, design, and manufacture of fabless application specific integrated circuits (ASIC) and system on a chip (SOC)in Japan, Taiwan, and China.

SinoPac Financial Holdings

Market Cap: NT$332.6b

Through its subsidiaries, provides banking, securities, investment, leasing, and venture capital services worldwide.

Commercial Bank for Investment and Development of Vietnam

Market Cap: ₫290.3t

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

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.

Bank of the Philippine Islands

Market Cap: ₱623.5b

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

Acciona

Market Cap: €9.4b

Engages in the energy, infrastructure, and other businesses in Spain and internationally.

Tsingtao Brewery

Market Cap: HK$86.0b

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

American Financial Group

Market Cap: US$10.9b

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

Enel Américas

Market Cap: CL$10.4t

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

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.

ICICI Lombard General Insurance

Market Cap: ₹950.9b

Provides various general insurance products and services in India.

Airtel Africa

Market Cap: UK£8.0b

Provides telecommunications and mobile money services in Nigeria, East Africa, and Francophone Africa.

Hims & Hers Health

Market Cap: US$10.8b

Operates a telehealth platform that connects consumers to licensed healthcare professionals in the United States, the United Kingdom, and internationally.

Adani Energy Solutions

Market Cap: ₹944.6b

Generates, transmits, and distributes power in India.

IDBI Bank

Market Cap: ₹944.5b

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

Taiwan Mobile

Market Cap: NT$322.1b

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

Celcomdigi Berhad

Market Cap: RM 45.0b

An investment holding company, provides mobile communication services and related products in Malaysia.

Bank of Chengdu

Market Cap: CN¥76.7b

Provides various commercial banking products and services in China.

Albertsons Companies

Market Cap: US$10.7b

Through its subsidiaries, operates in the food and drug retail industry in the United States.

Skyworks Solutions

Market Cap: US$10.6b

Designs, develops, manufactures, and markets semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific.

Piraeus Financial Holdings

Market Cap: €9.1b

Provides banking products and services in Greece and internationally.

United Spirits

Market Cap: ₹927.5b

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

Huadong Medicine

Market Cap: CN¥75.9b

Engages in the wholesale and retail of pharmaceutical products in China and internationally.

Assurant

Market Cap: US$10.6b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

Krung Thai Bank

Market Cap: ฿341.0b

Engages in commercial banking business in Thailand and internationally.

Alibaba Health Information Technology

Market Cap: HK$82.8b

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.

Marico

Market Cap: ₹922.3b

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