... and we assume Nichia, Philips Lumileds, Osram & Cree are the majors.
The major LED makers, esp. from an IP perspective, are in fact Nichia, Lumileds, Cree and Osram. Aixtron and Veeco are the primary (but not only) firms that supply equipment to these guys, and others, to make the LEDs.
Both Cree and Lumileds have large wafer level technology and production in the US, and Osram has a lot in Germany. Packaging is done a lot of places, frankly to deal with the US income tax system that actually encourages off shore production of everything.
Similar to when cell phones went to LED backlight, Samsung is leading the way to TV backlighting, and this market is currently larger than the supply can feed, but not for that long - possibly through 2010 though. Samsung also makes their own LEDs for internal use - lots of them, but still not enough, so they buy more, mostly from Taiwan second tier suppliers.
Most of those LEDs are relatively lower power, and frankly, the quality standards are low, especially for color control due to the large amount of color averaging that you get with lots of LEDs in a system. This is the part of the market that will see price stability vs dropping, as the TV application is like a vaccuum cleaner for every LED that comes off the line.