Bridgelux faces competition from large, established players in the LED market, including Dutch giant Philips Electronics and Osram, a unit of Siemens.

FORBES: Bridgelux Announces $20 LED Light

Made by Dutch electronics giant Philips, the bulb swaps filaments for light-emitting diodes to provide illumination.

BBC: Philips LED bulb

Dutch electronics giant Philips is to sell off its home entertainment business, including hi-fis and DVD players, to Japan's Funai Electric.

BBC: Philips to exit hi-fis and DVD players

Ms Nyberg says that Dutch electronics giant Philips is not selling a radio set of its own, even though it owns the pool of patents that define the core digital radio technology.

BBC: Clear signals for digital radio

For example, Philips, a Dutch electronics manufacturer, has already built a pager that uses asynchronous technology.

ECONOMIST: REPORTS

Not, though, some of the boomers working in Britain for Philips, a Dutch electronics firm.

ECONOMIST: Pensions and the d-word

In March Compass won a contract with Philips, a Dutch electronics group, to feed, eventually, all 265, 000 staff in 60 countries.

ECONOMIST: Contract catering

Leading the fashion was Philips, a Dutch multinational electronics company, which first set up a matrix structure after the second world war.

ECONOMIST: Idea

New Venture Partners has joined with the Dutch electronics giant to spin off several companies based on technology first developed by Philips Research, with the first collaboration, Liquavista, being announced today.

ENGADGET: Philips spins off Liquavista to develop thin Electrowetting displays

Dutch-based Philips faces the biggest penalty of 313.4m euros, followed by LG Electronics with 295.6m.

BBC: Cathode ray tube in old TV