It is well known that in every
r‐coloring of the edges of the complete bipartite graph
K
m
,
n there is a monochromatic connected component with at least
false(
m
+
n
false)
/
r vertices. In this paper we study an extension of this problem by replacing complete bipartite graphs by bipartite graphs of large minimum degree. We conjecture that in every
r‐coloring of the edges of an
(
X
,
Y
)‐bipartite graph with
false|
X
false|
=
m
,
false|
Y
false|
=
n
,
δ
(
X
,
Y
)
>
false(
1
−
1
/
(
r
+
1
)
false)
n, and
δ
(
Y
,
X
)
>
false(
1
−
1
/
false(
r
+
1
false)
false)
m, there exists a monochromatic component on at least
false(
m
+
n
false)
/
r vertices (as in the complete bipartite graph). If true, the minimum degree condition is sharp (in that both inequalities cannot be made weak when
m and
n are divisible by
r
+
1). We prove the conjecture for r = 2 and we prove a weaker bound for all r ≥ 3. As a corollary, we obtain a result about the existence of monochromatic components with at least n/(r − 1) vertices in r‐colored graphs with large minimum degree.