Business Korea is reporting that Samsung may release its QLED TVs in two years and that it will be the company’s choice for its next-generation high-end televisions. Samsung Display, the company’s display technology development arm, has stopped research and development of LCD displays. The company has also stressed that it won’t release OLED TVs anytime soon as it favors QLED technology.

Samsung’s current-generation Quantum Dot SUHD TVs require a separate backlight to illuminate pixels, but the upcoming QLED technology combines quantum dots with OLEDs, so they don’t need the backlight. Moreover, QLED panels have a longer life cycle and lower production costs than OLED panels.

Jason Hartlove, CEO of Nanosys, the number one quantum dot producer in the world, also said, “We are currently developing quantum dot materials to be used in QLED. QLED TVs with quantum dot technology will be released in three to five years.” It will be interesting to see how LG’s OLED TVs perform in comparison to Samsung’s upcoming QLED TVs.