This Chip Resistor is a Surface Mount resistor with a resistance value of 240Ohms, tolerances of ±5%, a size of 0402, and a power rating of 1/16W. It is RoHS compliant and manufactured by Yageo with part number AC0402JR-07240RL. The chip is widely used in various electronic circuits such as boards, amplifiers, and power supplies. The precision, low profile and low moisture absorption make it ideal for applications where space and environment are critical.