simplest form, an LED emits light through spontaneous emission, a phenomenon referred to as electroluminescence. The emitted light is incoherent with a relatively wide spectral width of 30–60 nm. The large spectrum width of LEDs is subject to higher fiber dispersion, considerably limiting their bit rate-distance product (a common measure of usefulness). LEDs are suitable primarily for local-area-network applications with bit rates of 10–100 Mbit/s and transmission distances of a few kilometers. LED light transmission is inefficient, with only about 1% of input power, or about 100 microwatts, eventually converted into launched power coupled into the optical fiber. LEDs have been developed that use several quantum wells to emit light at different wavelengths over a broad spectrum and are currently in use for local-area wavelength-division multiplexing (WDM) applications. LEDs have been largely superseded by vertical-cavity surface-emitting laser (VCSEL) devices, which offer improved speed, power and spectral properties, at a similar cost. However, due to their relatively simple design, LEDs are very useful for very low-cost applications. Commonly used classes of semiconductor laser transmitters used in fiber optics include VCSEL, Fabry–Pérot and distributed feedback laser. A semiconductor laser emits light through stimulated emission rather than spontaneous emission, which results in high output power (~100 mW) as well as other benefits related to the nature of coherent light. The output of a laser is relatively directional, allowing high coupling efficiency (~50%) into single-mode fiber. Common VCSEL devices also couple well to multimode fiber. The narrow spectral width also allows for high bit rates since it reduces the effect of chromatic dispersion. Furthermore, semiconductor lasers can be modulated directly at high frequencies because of short recombination time. Laser diodes are often directly modulated, that is the light output is controlled by a current applied directly to the device. For very high data rates or very long distance links, a laser source may be operated continuous wave, and the light modulated by an external device, an optical modulator, such as an electro-absorption modulator or Mach–Zehnder interferometer. External modulation increases the achievable link distance by eliminating laser chirp, which broadens the linewidth in directly modulated lasers, increasing the chromatic dispersion in the fiber. For very high bandwidth efficiency, coherent modulation can be used to vary the phase of the light in addition to the amplitude, enabling the use of QPSK, QAM, and OFDM. "Dual-polarization quadrature phase shift keying is a modulation format that effectively sends