It located next to the black,red and white wires attached to the inverter board. Look again. Matt of Martins TV. Also replace the fuse as said in my answer. Tell me what you see.
Contact the authorized service center for Philips. If the TV doesn't turn ON, the most probable cause is with its main digital board. Replacing this board is a very skilled work, as it always need a firmware update. Firmware update procedure to Philips is rather more difficult than other brands; and not easly done by normal user. http://electronicshelponline.blogspot.com/
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Is this a Philips TV, or one of its cousins. Sylvania, Magnavox, Emerson maybe?
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