Question-and-Answer Session
Operator
Your first question comes from Harsh Kumar.
Harsh Kumar - Morgan, Keegan & Company
Hey, guys, first of all congratulations. These are, I'd say, extremely good numbers in what I'd characterize as an extremely tough environment. Couple of questions, your product, inherently by nature, is sort of discretionary, and somewhat to the high end of the range. Given this economy, first of all, I'm somewhat surprised you haven't -- you mentioned that you are seeing strong LED demand still, particularly in XLamp. Can you help us put together all the parts and pieces maybe what's driving that and why may you haven't seen some of what the rest of the world is seeing?
Charles Swoboda
Harsh, you know, obviously it's -- obviously if you listen to enough earnings calls you realize that we're seeing something a little different than other people. What I can tell you is what our customers are telling us right now, our XLamp continues to look pretty good this quarter. Obviously we're targeting double-digit growth again.
The High Brightness business looks solid. I think, maybe we're a little different there because we have pretty good exposure in the China market itself, and although the export business looks like it might be under a little pressure in China, I think there's still domestic growth there, and so obviously we benefit from products that are sold in China that stay in China.
And then I think on the LED chip side, I think what you’re seeing is that over the last couple years we’ve really reduced our dependence on the consumer side of the business. And that's not to say that we don't have some exposure there. We do. But I think what you’re seeing is the fact that lighting is the biggest driver, has kind of helped us probably whether this, at least initially, better than others.
What happens beyond Q2 and Q3, it's hard for us to forecast. We don't have that visibility right now. But I think the lighting markets, we're still seeing demand for our more energy efficient products, and I think it's generally helping us across the business. I would also say the other thing is that the conversion of back lighting for notebooks to LEDs is probably also helping a little bit on the chip side. So, I think we have two factors that are probably helping us at least in the near-term. And we'll see how that goes as we get through this quarter and into next.
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