According to LEDinside, a division of TrendForce, Nichia remained the leader in the LED packages, followed closely by OSRAM Opto and Lumileds. Samsung LED and other South Korean manufacturers suffered revenue declines due to the price war and the contraction of LED backlight market. By undercutting each other, most manufacturers ended up with lower revenues last year. Some companies’ revenues also decreased when measured in U.S. dollars due to the dollar’s appreciation.