LED/LCD printers are types of electro photographic printers that are identical to laser printers in most ways. Both LCD (liquid crystal display) and LED (light-emitting diode) printers use a light source instead of a laser to create an image on a drum. In most contexts, "laser printer" covers LCD and LED printers as well. The print process is almost identical, but LED printers use Light Emitting Diodes to charge the drum, and the other uses Liquid Crystals. These printers produce a very high quality text and graphics print out.
Impact (Dot-matrix) printers use a set of closely spaced pins and a ribbon to print letters or other characters on a page. These printers actually impact the page to print a character, much like a typewriter. Dot-matrix printers vary in terms of speed and the number of pins they have. They can run at a speed anywhere between 50 and 500 CPS (Characters Per Second). The number of pins, which can vary between 9 to 24, determines the quality of the print job. Dot matrix printers are commonly used for printing invoices, purchase orders, shipping forms, labels, and other multi-part forms. Dot matrix printers can print through multi-part forms in a single pass, allowing them to produce more pages than even high-speed laser printers.