This document compares and contrasts LCD and LED display technologies. It discusses the basic principles of liquid crystals and how they enable LCD displays. It describes the different types of LCDs including passive matrix and active matrix. It then discusses LED display technology, including the types of LED driving and different LED displays. It provides the advantages and disadvantages of both LCD and LED as well as common applications for each type of display technology. Finally, it summarizes the key differences between LCD and LED displays.