The next generation of LCD displays could go toe-to-toe with OLED screens

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Panasonic announced last week that it has developed a new kind of IPS LCD display with a 1,000,000:1 contrast ratio, making it competitive with far most expensive OLED technologies. As HDGuru reports, the new technology offers a massive improvement over most of today’s LCD displays, which tend to have an average of about a 1,800:1 contrast ratio.

Ever since plasma TVs met their untimely demise, the best picture quality has tended to come from OLED displays. While traditional backlit LCD panels tend to be cheaper and easier to make, they also feature a worse contrast ratio and less deep blacks when compared to OLED monitors, something that Panasonic’s new technology hopes to address.

The disparity in image quality between the two types…

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