Blue Chip Electronics was an American computer company founded by John Rossi in 1982. Rossi, an former employee of Commodore Business Machines, founded the company to develop peripherals for Commodore's home computers. The company switched gears in 1986, when Rossi employed Hyundai Electronics as an original equipment manufacturer (OEM) for Blue Chip's own line of computers, which were low-cost IBM PC clones. 1982: Foundation and Commodore peripherals John Rossi founded Blue Chip Electronics in 1982 from his home in Scottsdale, Arizona. Rossi formerly worked at Commodore Business Machines as a sales manager of the company's European market. Rossi expressed dissatisfaction with Commodore's management during the mid-1980s, when the company underwent three changes of chief executive officer (CEO), which removed its founder Jack Tramiel from office. In 1986, Rossi referred to Commodore as a 'well-known revolving door'. Among the company's first offerings in 1983 was a line of RS-232 serial and HP-IB parallel high-resolution dot-matrix printers for computers such as the Commodore 64 and the IBM PC. Later that year they introduced a daisy wheel printer, the BCD-4015, that supported both cut-sheet and tractor-feed stationery, 5 to 15 inches wide. In 1984 they released a lower-resolution dot-matrix printer, the M120/10, compatible only with the C64, in direct competition with Commodore's own branded dot-matrix printers. By early 1986, the company had moved from Scottsdale to Tempe. In late 1985, Blue Chip released the BCD/5. 25, a direct-drive 5. 25-inch floppy disk drive, again directly competing against Commodore with their 1541 floppy drives for the C64.