Forbes Asia’s Best Under A Billion 2023

This story is part of Forbes’ coverage of Asia’s Best Under A Billion 2023, which highlights 200 Asia-Pacific public companies with less than $1 billion in revenue and consistent top- and bottom-line growth. See the full list, sorted alphabetically, here.

This year’s annual Best Under A Billion list recognizes 200 small and midsized publicly traded companies in the region that outperformed despite stiff global headwinds like inflation and rising funding costs. The standouts are concentrated in chipmaking and related industries. Demand for semiconductors, found in everyday items like smartphones, appliances and cars, skyrocketed in the past three years with the accelerating adoption of AI technologies—although the market is expected to soften somewhat this year as supply constraints ease. Other top performers on our list include companies delivering IT solutions…