LG on Tuesday laid claim to offering the world’s first IPS monitor to combine a 4K resolution with a 1-millesecond (ms) gray-to-gray (GtG) response time, to keep the action fast and smooth for gamers. The implication here is that you can have the speed benefits of a cheaper TN panel, on a monitor that uses a higher-quality IPS screen.

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Source: Hot Hardware – LG’s 27-Inch UltraGear 4K Gaming Monitor Boasts A Blazing Fast 1ms Response Time