Not the most tech savvy person so please bear with me.
What exactly is it? What’s the difference between it and something like FALD? Are they the same and it’s just different marketing or are they actually different? How is there different versions of it like an IPS or a VA? How does that work? How does it compare to something like OLED or QLED?
Although I fully agree with keeping it simple like that and I would state to anyone that this is basically correct, there are some technical differences between a ‘normal’ LED and QLEDs. And then there’s also Quantum Dot OLEDs which applies this ‘quantum’ (marketing term) layer to an OLED screen.
So in short, yeah they’re different but it’s indeed mostly marketing.