LG has unveiled a new LCD Monitors series called IPS5 that uses IPS (In Plane Switching) LCD panels rather than cheaper TN (Twisted Nematic) panels for more accurate color reproduction. LG claims that the IPS5 series is color calibrated by imaging experts and the display comes with color calibration report. According to LG, the “on screen colors are identical to real life colors”, as the color temperature of each monitors is around 6,500K and because the display use IPS panel they have better viewing angles.

LG will ship four models under the IPS5 series, each featuring 16.7M color depth, 16:9 aspect ratio, 1920 x 1080 resolution, 250cd/m2 brightness and 5,000,000:1 dynamic contrast ratio. There will be two 23-inch models IPS235T and IPS235V, and two 21.5-inch models IPS225T and IPS225V. LG has yet not announced pricing for IPS5 monitors, but we should get pricing info by end of October when the displays will ship.