An LED lamp or LED light bulb is an electric light for use in light fixtures that produces light using one or more light-emitting diodes (LEDs). LED lamps have a lifespan many times longer than equivalent incandescent lamps, and are significantly more efficient than most fluorescent lamps, with some manufacturers (Cree and others) claiming LED chips with a luminous efficacy of up to 303 lumens per watt. However, LED lamps require an electronic LED driver circuit when operated from mains power lines, and losses from this circuit means that the efficiency of the lamp is lower than the efficiency of the LED chips it uses.