What is the difference between OLED and QLED? Scott says that OLED is Organic Light Emitting Diodes, and is based on organic chemistry, or carbon. That's how it makes light. QLED, on the other hand, stands for Quantum Dot Light Emitting Diode, and it's just a higher end LCD TV. The light source behind the panel is using quantum dots, including LEDs to illuminate the image. They are completely different technologies. But the "QLED" term confuses people, and they may think they're getting a special OLED screen, but they aren't.