One can envision these new players in the industry will assume leadership in specific roles within the value chain: Intel-like semiconductor companies building the LED chips, and equivalents of a PC motherboard manufacturer like ASUS packaging the chips into devices that will be used in a variety of end-use lighting applications.

FORBES: A New Source of Green Energy: LEDs

The big question is whether the Philippine BPO industry, having conquered the call-centre market, can now move up the value chain.

ECONOMIST: How the Philippines beat India in call centres