there is no cellular or Internet coverage

Notification LED displays in response to the rising concern of safety and security among school campuses nationwide. These LED displays can work with existing mass-notification systems to make sure displayed messages reach everyone on campus. Together, this complete high-tech system will allow users to broadcast safety concerns, terrorism alerts, severe weather alerts, news, and any other emergency announcements within seconds to ensure the safety of the campus. Messages can quickly be displayed campus wide in libraries, classrooms, dorms, hallways, and any other common areas. The visual mass notification reaches out to everyone on campus. The system is self-contained and fully operational regardless of internet connectivity or cellular networks.

Campus security, building maintenance, and administration staffs will find the Mass Notification LED Display useful with the capacity to provide flashing, visible alerts that gain immediate attention. These displays can also provide an audible alert to direct attention to the displayed message. Messages can be color-coded and scroll to provide easy-to-read alerts and notification. Other benefits include wide coverage, centrally synchronized clocks, and the ability to operate even when there is no cellular or Internet coverage.

Thanks to the compact LED format and the high light output of typically 75 lm or 90 lm at an operating current of 350 mA, it is sufficient to inject the light from two sides or even from only one side to provide uniform backlighting for TVs and computer displays with a diagonal of up to 65“. The polynomial lens with a beam angle of 125° is designed to achieve an injection efficiency into the light guide of almost 80%.The Oslon LX is available for two color spaces. The multi-white version (High Color Gamut White) covers 100% of the yahamlighting space and has a typical light output of 75 lm. The ultra-white version of the LED covers 80% of the sRGB color space and is a little brighter with a typical light output of 90 lm.Oslon LX is manufactured using the latest This chip technology with chip level conversion and provides high optical efficiency and extremely uniform distribution of light. The lens is optimized for maximum light extraction. Its beam characteristic ensures a high injection efficiency of almost 80%.

the second largest shareholder in a company

We are delighted to welcome as new investors both Hafslund Venture AS, a wholly owned subsidiary of Hafslund ASA, and Agder Energi Venture AS, a unit of Agder Energi AS.” Both Hafslund and Agder are major power generation companies in the Nordic region, and both have substantial, successful investment track-records with a renewable energy focus. Hafslund Venture, for example, made its first investment in Renewable Energy Corporation in 1998, and is today the second largest shareholder in a company that has become one of the leading PV Solar companies in the world.

Current investors joining in the round in GLO include funds advised by venture capital firms Provider Venture Partners of Stockholm, Teknoinvest and Nano Future Invest of Oslo, joined by LU Innovation together with LUAB, the investment arm of Lund University (Sweden), as major owners, along with the founders and employees of GLO.

Founded in September 2005, GLO is a technology spin-out from the Nanometer Structure Consortium at Lund University and is focused on commercialisation in the field of light-emitting diodes for general illumination of the heterostructured nanowire technology research of Dr. Lars Samuelson, Professor of Solid State Physics, and the world-class team at Lund University. GLO controls a significant portfolio of patents and patent applications covering relevant innovations made by the Lund team and by GLO itself. The company will continue to enjoy a close working relationship with nmC and will have access under contract to relevant labs and intellectual property developed there.

the DOE Solid State Lighting Program

Under terms of the contract, Universal Display will deliver a set of under-cabinet lighting units to the DOE. Each unit will consist of five 6” x 6” white PHOLED lighting panels. The units will be designed to provide comparable performance to existing under-cabinet systems, have a system efficiency of > 60 lumens per watt, and exhibit a significantly thinner form factor than conventional under-cabinet lighting products currently in the market. This thin form factor has the potential to expand the array of possible under-cabinet lighting design concepts and to simplify product installation.This is the second potential commercial lighting application in development by Universal Display. In 2008, the Company began working with Armstrong World Industries on a ceiling-based LED lighting system, also supported, in part, through the DOE Solid State Lighting Program.

The DOE has made a long-term commitment to advance the development and introduction of energy-efficient white lighting sources for general illumination. According to industry estimates, electric bills for lighting alone are over $200 billion per year on a worldwide basis. It has been estimated that by 2016, white OLEDs could generate well over $20 billion in worldwide savings of electricity costs and could save over nine million metric tons of carbon emissions from the U.S. alone.Barco has just announced that it has signed a deal in Abu Dhabi for the delivery of 14 LED displays for the new Yas Marina Circuit. In total 452 square meter of LED will be installed around the track to optimize the fans' viewing experience. On 1 November 2009 this brand new race track will host the F1 season finale on the occasion of the first ever Etihad Airways Abu Dhabi Grand Prix.

The Yas Marina Circuit will host the Abu Dhabi Grand Prix in the next seven years, with the first ever Abu Dhabi grand prix taking place on 1 November 2009. To engage spectators and fans in the action, Aldar Properties has purchased 14 Barco SLite LED screens, totaling 452 sqm LED surface. The displays will be spread over the Formula 1 race track grounds and will be a mix of Barco's 10mm and 14 mm SLite outdoor LED displays.The energy-efficient, 9-inch-wide Aurora Borealis LED Fused Glass Wall Sconce (111930), left, uses 10 watts and produces a light output equivalent of a 60-watt incandescent lamp. Iridized black glass is framed in a swirling array of hot White Light as the fixture's shade is suspended by nickel-finished powder coated hardware.

Initial projects have included entertainment

One of the major stumbling blocks in widespread SSL adoption, is the perceived complexity and, therefore, cost and risk of integrating a LED-based light engine into a luminaire: either retro-fitting an existing design or optimizing a new luminaire” said Shaun Oxenham Enfis CEO. “The LEC has been developed over the last twelve months to address this problem. It now provides the skills and resources for Enfis customers to integrate and evaluate very rapidly and so realize the benefit from our smart, compact, efficient SSL light sources with significant reduction in time to market together with reduced cost and risk. Initial projects have included entertainment, task and street lighting, with more in the pipeline already, and feedback to date has been excellent”.

The LEC is staffed by highly skilled engineers and is equipped with mechanical, thermal and optical modelling, together with hardware, software and electronic prototyping, and test and evaluation equipment. This comprehensive suite of capabilities can turn a concept into reality in a fraction of the time normally taken for such activities.

yesterday reported its 4Q09 revenue and forecast better-than-expected first-quarter results. The company scored record revenue of $148.1 million for its fourth quarter of fiscal 2009, representing a 9% increase compared to revenue of $135.9 million reported for the fourth fiscal quarter last year and a 13% increase compared to the fiscal third quarter of 2009. And for fiscal year 2009, the company reported revenue of $567.3 million, which represents a 15% increase compared to revenue of $493.3 million for fiscal 2008.

For its first quarter of fiscal 2010 ending September 27, 2009, Cree targets revenue in a range of $160 million to $166 million.

LEDs provide an optimal spectrum of light for growing plants inside

The company had planned to invest about 150 billion won ($120.6 million) in its domestic LED plant, but Hur said that amount "will be nowhere near enough; our capital expenditure will rise faster than expected". The comapny is considering options to raise cash without hurting the company's financial base.

The company already has plans to issue convertible bonds and bonds with warrants in August to raise 100 billion won in total. While securing cash internally, issuing new shares could be one option, though there was no firm plan for a fund-raising deal in the second half, the executives said.

Product Specialist Matthew Alexander says, "Unlike other lighting options, LEDs provide an optimal spectrum of light for growing plants inside. Just as important, they can be a safer alternative to incandescent light bulbs because they don't generate as much heat."

LED Grow Lights may be more expensive than incandescent options on the surface, but over time they offer real value. Gardeners won't have to change light bulbs as often, as LED Grow Lights last up to 50,000 hours (which equates to more than five years between changes).

"A common misconception is that people need a greenhouse, a lot of space, or a lot of expensive equipment to successfully garden indoors," says Alexander. "With LED Grow Lights, that isn't the case. The LED lights can cover a few square feet or as much as 50 square feet depending on the model. That means consumers can have an indoor garden as big, or small, as they want it to be."

The National Development and Reform Commission of China (NDRC) and the United Nations Development Program (UNDP) signed a joint agreement “Green Lights Project” to promote the use of energy-saving lamps (ESLs) in China. China has announced that it plans to gradually phase out incandescent lamps in three years. As a majority of LED chips in China are acquired from Taiwan, this project will certainly serve Taiwan LED chip makers a long-term order on a silver platter.

The four mode keys are used to select Intensity

Nanosys is currently using its quantum dot technology to make process-ready components for solid state lighting, solar power and electronic display systems. Nanosys has the exclusive rights to more than 700 patents and applications covering fundamental aspects of its materials technology, including its quantum dot technology.

Specifically designed for the end-user, this innovative DMX controller features a high-end sleek design and an intuitive interface that allows anyone to create static and dynamic lighting scenes. Jan Julius Miebach, e:cue’s Managing Director for Product Strategy, said “we designed this product to allow end-users to experience dynamic lighting as well create dynamic lighting scenes themselves. We specifically paid great attention to the user interaction with the device as well its aesthetic design.”

The glassy interface features an LED ring around the touch wheel to guide users in selecting and adjusting colors, intensity, and speed as well as select four colors for graceful color-changing lighting scenes.

light-drive elite does not require software to program it at all and it is easily connected to fixtures through an RJ45 connection for power and data, outputting directly DMX.

The four mode keys are used to select Intensity, Color, White color temperature, and Memory to store the four user-modifiable colors.

the lighting solution requirements for merchandising in stores compared to lighting

LED lighting products for commercial and industrial facilities that improve energy savings, reduce maintenance costs, and are safe and easy to install. Albeo has a large product portfolio of industrial and commercial white-LED SSL fixtures that includes: award winning C-Series LED light fixtures for general lighting applications, Atmosphere, Brilliance, and Talea LED Lighting solutions for cove, display, and task lighting, and SecurityLED? fixtures for high-abuse applications such as transit, correctional, and institutional facilities.

 This first set of LUXEON Rebel LEDs created specifically for illumination applications is the result of significant research and collaboration with leading lighting companies and designers.These parts provide the flexibility to meet varying illumination application requirements  in the highest growth segments.

In outdoor area and street lighting for instance, a warmer light might be specified for a downtown shopping area whereas roadways might be specified for cooler color temperature light.

Likewise, there are dramatic differences in the lighting solution requirements for merchandising in stores compared to lighting office areas or even what’s preferred in classrooms.

“We are excited to be able to directly respond to the needs of our customers for LUXEON Rebel in certain combinations of color, CRI and light output that enables them to expand their business in the solid state lighting market,” said Steve Barlow, Executive Vice President of Sales and Marketing for Philips Lumileds.“This is only the first set of LUXEON Rebel LEDs we’re developing specifically for the illumination market and we plan to continue to develop new products in line with our customers’ needs.We are committed to delivering the appropriate set of power LEDs with the quality of light, the consistency and reliability that our customers expect from the LUXEON brand,”said Steve Barlow. “With literally hundreds of potential applications to be addressed, our white LUXEON portfolio will continue to expand with a variety of different product configurations and performance characteristics.”

this space with several years of volume production with market-leading customers

Scott Bonham, founder and managing partner of GGV Capital, says ”We believe that wafer-scale optics is a technology whose time has come and which has the potential to revolutionize first the CMOS image sensor market and then other semiconductor photonics markets. Heptagon is the clear leader in this space with several years of volume production with market-leading customers, rapid growth and a very exciting product roadmap. We are looking forward to supporting the Heptagon team in continuing this growth and making wafer-scale optics the dominant optics technology in semiconductor-based opto-electronic modules.

Heptagon designs and manufactures advanced micro-optics products for OEM suppliers. Heptagon's components are used in many applications including CMOS imaging, LED optics, display, optical communications, consumer electronics and industrial optics. Heptagon is headquartered near Zurich, Switzerland and has its volume manufacturing facility in Singapore.

An OSRAM Company, introduces light-drive elite, its first standalone DMX controller and user interface for dynamic RGB LED lighting that does not require software programming. Users can easily control intensity, color, and speed as well as setup their favorite color-changing effects through light-drive elite’s glass interface with touch-sensitive keys and touch wheel.

Specifically designed for the end-user, this innovative DMX controller features a high-end sleek design and an intuitive interface that allows anyone to create static and dynamic lighting scenes. Jan Julius Miebach, e:cue’s Managing Director for Product Strategy, said “we designed this product to allow end-users to experience dynamic lighting as well create dynamic lighting scenes themselves. We specifically paid great attention to the user interaction with the device as well its aesthetic design.”

supporting epitaxial layer metrology on many substrate types

Our customers are leveraging the increased capability of the VerteX system to address challenges in the rapidly-growing HB-LED market. New end-device deployments in area lighting, LCD back-lighting and an increased understanding of the performance and cost-of-ownership benefits of high-brightness LEDs are driving HB-LED development," commented Tom Ryan, Director of the Materials Characterization Business Unit at Nanometrics. "Our PL mapping products are well-positioned to support increased development and rapid production ramps as new high-brightness LED manufacturing technologies come online."

The VerteX PL mapping system provides a combination of metrology technologies to support both process development and production control. The VerteX is capable of supporting epitaxial layer metrology on many substrate types and sizes and, due to the illumination system options, can cover the entire spectrum of LED technologies from UV-LEDs through the visible colors to infra-red. Nanometrics' newest product for HB-LED process control is the RPMBlue. This is targeted at production control of Gallium Nitride (GaN)-based blue HB-LEDs that are increasingly used in LCD back-lighting. The system has been optimized for industry-leading throughput of up to 80 two-inch GaN wafers per hour. Because of the available features and performance, Nanometrics believes its PL mapping systems are used by over 90% of the top-tier HB-LED manufacturers in development and production.

Nanometrics is a leader in the design, manufacture and marketing of high-performance process control metrology systems used primarily in the manufacturing of semiconductors, solar photovoltaics and high-brightness LEDs, as well as by customers in the silicon wafer and data storage industries. Nanometrics standalone and integrated metrology systems measure various thin film properties, critical dimensions, overlay control, topography, and optical, electrical and material properties, including the structural composition of silicon, compound semiconductor and photovoltaic devices, during various steps of the manufacturing process, from front end of line substrate manufacturing through die preparation for packaging.

less electricity than typical incandescent lighting

Seoul Semiconductor is a world-leading LED manufacturer. The growth potential of the company is widely recognized as it was selected as ‘one of the most promising companies in Asia’ by Forbes and Business Week in 2006 and 2007, respectively. Its main offering, the Acriche? LED, was also named "Product of the Year" by ‘Electronik’ in 2006, one of the most prestigious electronics publications in Europe, and awarded in Newtech Korea 2008 and named as Korea Ten Best New Technologies of 2008. Seoul Semiconductor’s Intelligential Property position is extremely strong with over 5,000 patents filed or registered and many cross-license agreements with industry leaders. Seoul also has 25 overseas operations, including 3 subsidiaries, and 114 worldwide distributor sites.

Demand for eco-friendly home products is at an all-time high, and Kichler responds with yet another energy-saving lighting solution. Kichler’s new Design Pro LED Rail Lights incorporate tiny LED chips that use 75 percent less electricity than typical incandescent lighting. The fixtures, which easily mount into existing wall or ceiling outlet boxes, offer the same, warm white light and innovative designs homeowners have come to expect from their home lighting.

Our new LED rail fixtures not only save on electricity bills, but they offer many of same the benefits of track lighting with easier installation,” said Bob Doernberg, Kichler senior product manager. “Kichler understands that homeowners’ needs are all different, so each rail shade swivels and rotates independently. This allows homeowners to train the light in a direction that best meets their needs.”

it makes sense to switch to an LED light source

Available in both dimmable 12V bi-pin and E27 medium screw base versions, the ELED MR16 5W lamps are powered by 5 watts of high-output Nichia LEDs – the equivalent of a 50W halogen bulb. Yet they consume a maximum of 5 watts of power, so they will significantly reduce users’ electric bills, providing a return on investment in a very short time. Another bright spot for lighting users -- and the environment – is the LEDs’ long life, rated at 40,000 hours, which will drastically cut lamp replacement costs and reduce the amount of waste going into landfills.

Both lamp-base versions are offered in Warm White (2,700K) and Neutral White (3,500K), and in choice of either 30° or 60° beam angle. This versatility, combined with their powerful output and the dimming capability of the bi-pin version, make the ELED MR16 5W lamps ideal for a wide range of applications – from offices and stores, to hotels and restaurants, and even private homes.

“As energy costs and environmental concerns have risen, more business operators and homeowners are finding that it makes sense to switch to an LED light source,” said Eric Loader, Director of Sales for Elation Professional. “The trend will only continue to gain momentum in the future. Our ELED MR16 5W Series was designed to offer economically-priced, easy-to-use replacement white LED lamps that deliver superior light output and can fit a variety of applications, while delivering the cost-saving and environmental benefits associated with LEDs. We have compared these lamps to other popular models on the market, and it outperforms all competitors so far – especially at this price point.

new retrofit product offers all the advantages of LED lighting

LED is a solid-state light source, and there’s no failure mechanism or degradation anywhere close to lamp systems,” says Matt Mazzuchi, general manager of the projection display business group at Luminus Devices, whose YAHAM Light LED chipset has been employed in the first LED theater projectors. “We’ve put 3 million to 4 million device hours under test, to where these projectors are showing incredible stability, so we’re comfortable saying things like ‘there’s a 60,000-hour lifetime’ on them.Luminus’ LEDs have been used in pocket projectors from LG, Samsung, Toshiba, Acer, BenQ and others before it showed off Full HD resolution DLP projectors from Delta and Chi Lin at January’s Consumer Electronics Show.

In addition to their long lifespan, LED projectors feature far better color saturation compared with traditional projectors, says Mazzuchi. Because reds, greens and blues are pulsed directly to the optics without going through the spinning and chopping of an ordinary projector’s color wheel, colors are richer and more saturated, with less “breakup” or “rainbow artifacts,” he explains. Also, as LED projectors don’t require any warm-up or cool-down time, they can be turn on or off instantly.

Gerritt Reinders, Energy Focus' VP of Solutions Sales, commented: "Using only about half the power of conventional fluorescent fixtures and about one third that of conventional metal halide fixtures our new retrofit product offers all the advantages of LED lighting - controllability, low maintenance and full output even at the coldest temperatures but with an important difference: Energy Focus' product can do it at only a fraction of the cost of 1st generation "high power" LED approaches."LEDs to distribute both the light and heat over the length of the four foot tube. That approach neatly solves the thermal problems normally associated with high output LED solutions without expensive heat sinks while allowing us to incorporate much of the hardware that's been devolved over the years for fluorescent."

we have been actively developing an international presence for our LED product lines

So as to further establish and advance our leadership position in LED lighting, we made the decision to vertically integrate our capabilities in connection with designing, engineering, and producing the solid-state electronics that control and power LEDs. For the past two years, we and our Montreal-based engineers at LSI Saco Technologies have been working with the talented engineering and manufacturing people at ADL Technology. As part of the LSI family, ADL will allow us to stay on the leading edge of product development while at the same time providing opportunities to drive down manufacturing costs and control delivery of key components. ADL's capabilities will also have applications in our other LED product lines such as digital scoreboards, and advertising ribbon boards and billboards. The owners of ADL will be joining the management team of LSI and we look forward to many benefits from this continuing relationship as we plan for the future and the resumption of growth in our markets and the general economy."

As I have stated in past conference calls, we have been actively developing an international presence for our LED product lines. I am pleased to say we now have our first UK based prototype installation in place and initial reports indicate the customer is extremely pleased with the results. . As more sites are converted to LSI's LED lighting fixtures, we will be putting in place a very aggressive marketing and sales direction. We see the opportunity for solid-state LED lighting to serve both the domestic and international markets. This rather dramatically expands our potential for higher sales and profits as we address export sales. We continue to place high value on maintaining a sound and conservative balance sheet. This will also be true after the ADL acquisition, as a significant form of consideration is expected to be LSI's common stock.

LSI Industries is an Image Solutions company, dedicated to advancing solid-state LED technology in lighting and graphics applications. We combine integrated technology, design, and manufacturing to supply high quality, environmentally friendly lighting fixtures and graphics elements for commercial, retail and specialty niche market applications. LSI is a U.S. manufacturer with marketing / sales efforts throughout the world with concentration currently on North American, South American, Asian, Australian, New Zealand and European markets.

a global leader in creative LED technology

Epistar has developed considerable expertise with the AIX 2600G3, producing some of the brightest AlInGaP LEDs in the market and has also developed extremely high performance GaN products with the AIXTRON Nitride Planetary Reactor? systems. We are very proud to have been able to contribute towards Epistar’s success over recent years.”

Epistar Corporation is focused on the development, manufacture and marketing of ultra-high brightness LED products. Applying its own proprietary MOCVD technology, Epistar has successfully commercialized the full spectrum range of high brightness LEDs with the characteristics of compact size, low power consumption and long operation life.

a global leader in creative LED technology, has recently announced the world's first transformable LED screen for U2's latest world tour. With its 360° shape, the LED screen surrounds the band while performing and can change shape in all directions during the concert. The screen has 500,000 pixels of video, making it the biggest LED screen ever used in concert touring.

The stage and show were created by long-time U2 designers Willie Williams and Mark Fisher. With the help of Chuck Hoberman and Barco their vision of a 360° moving video screen was turned into reality. Barco provided more than half a million transformable LED pixels (FLX), which are integrated into a transformable structure designed by Barco's Innovative Designs, based on a Hoberman invention. The resulting giant LED screen has a 24 by 16 meter diameter and changes shape in all directions, making U2 the first band ever to go on a tour with a transformable LED screen.

create awareness for the benefits of LED lighting

The new Wall Grazer is the perfect solution for commercial, retail and hospitality environments to enhance beautiful artwork and architecturally significant stone or brick walls,” explained Chuck Campagna, president and CEO of Amerlux Lighting Solutions. “The Wall Grazer accomplishes this in a low-wattage with nominal heat output.”

The Wall Grazer can be mounted in most ceilings with a voltage of 120 to 277V, offering a warm color temperature of 2700k CCT. The housing of the Wall Grazer comes in 4 and 8-foot lengths standard or engineered continuous runs spanning just 5.06 inches in depth.

Under the agreement, Lagotek will integrate ACT's StandAlone and controlLED LED tubes into Lagotek's new Building Intelligence System (BIS), designed to manage commercial lighting, HVAC, and motorized window coverings for maximum energy efficiency, with an emphasis on providing highly efficient and durable LED lighting control to small and medium-sized commercial applications.

"It has long been accepted that LED lighting will one day be the new standard for commercial and residential lighting because of its great efficiencies and long life," said Eugene Luskin, CEO, Lagotek. "LEDs are 60% more efficient than fluorescent tubes and last at least five times longer. ACT's approach is to provide an easy retrofit model which fits perfectly into Lagotek's wireless system design. We have not seen a more efficient lighting product that is ready for market."

"This partnership helps both companies create awareness for the benefits of LED lighting," said Gary Colip, CEO, ACT. "Our StandAlone and controlLED Lites are a direct replacement for existing fluorescent tubes and provide a very friendly and attractive light source in addition to reducing heat (LEDs do not use the heat generating ballasts needed with fluorescent lights). With Lagotek, we will be able to include dimming controls that further reduce energy consumption and make daylight harvesting and other multi-system advantages possible by combining motorized window coverings, lighting and climate control."

The descent was less steep in terms of value

Typical low-end string releases are good for one-season use only. These have a basic linear construction, fitted with single-color, steady incandescent bulbs. The life span is short, ranging from 1,000 to 1,200 hours. The plugs and cables are made of locally sourced ABS. Products with a length of 5m are priced from $0.75 to $4.Upscale versions have a much longer life span, reaching 100,000 hours. The bulbs are usually sourced from Taiwan, while raw plastic with high temperature resistance is purchased in South Korea or Germany.

The economic crunch that hit key overseas markets contributed largely to the 22 percent decrease in exports of China-made Christmas lights. In 2008, the country shipped 385 million pieces, down from the previous year’s 498 million.The descent was less steep in terms of value, thanks to the higher average per-unit value in 2008. Exports amounted to $995 million, only 2 percent lower than 2007 levels.Customs statistics show that 40 percent of China’s exports in the line go to the US. Average monthly shipments bound for there are valued at $35 million. Other key markets are the UK and the Netherlands, importing $6.2 million and $5.8 million worth per month.Most Christmas light suppliers are located in Zhejiang and Guangdong. Combined exports from these provinces account for nearly 90 percent of the country’s total.

The company has worked out various LED chips for large-sized LED-backlit notebook PCs, effectively pushing up its single-month gross profit rate to a level of over 30% in the second quarter of this year, said Yeh. In light of upcoming strong demand, the firm has doubled its output of SMD (surface mount device) LED ships to 1.2 billion units per month, and is expecting record new highs in its single-month revenues in the second half of the year.Yeh also pointed out that despite downstream LED chip makers expanding their outputs, supply will likely still fall behind demand until the second half of next year. Recently, downstream LED testing and packaging companies have been plagued by severe shortages of LED chips, causing prices of LED chips to rise.