Chip resistor

A chip resistor comprising:

• an insulating chip substrate including an upper surface and a pair of opposite side surfaces;
• a resistor film formed on the upper surface of the insulating substrate;
• a pair of upper electrodes formed from silver-based conductive paste on the upper surface of the insulating substrate to be connected to the resistor film;
• a cover coat covering the resistor film;
• an auxiliary electrode formed on each of the upper electrodes to partially overlap the cover coat;
• a side electrode formed on each of the side surfaces of the insulating substrate and electrically connected to one of the upper electrodes and one of the auxiliary upper electrodes;
• a nickel-plated layer covering the auxiliary electrode and the side electrode;
• and
• a soldering layer covering the nickel-plated layer and formed of tin or solder;
• wherein the side electrode is made of nonmagnetic conductive resin paste, the auxiliary upper electrode being made of carbon-based conductive resin paste.