Panasonic Liquid Crystal Display Co., Ltd., a subsidiary of Panasonic Corporation, today announced it has developed a new model of its IPS liquid crystal panel that achieves a contrast ratio of over 1,000,000:1, which is 600 times that of conventional liquid crystal panels. With Panasonic’s unique IPS liquid crystal technologies that feature wide viewing angles, high brightness, and high reliability, the new IPS panel has achieved a high contrast ratio of over 1,000,000:1 by integrating newly developed light-modulating cells that permit pixel-by-pixel control of backlight intensity. This achieves a faithful and high-grade video display, ranging from dazzling light to pitch-black.