LG has announced a new series of IPS monitors in the IPS7 series. This series includes a 23 and 27 inch model with specs aimed at mobile, HD and professional users. These models feature a 1920 x 1080 resolution and a Cinema Screen design with a 1.2mm (.025-inch) bezel and a half-inch depth.
Other features include a mobile high-definition (MHL) link, fast response times and color calibration software for professionals. These do lack some features that you would find in high end monitors like dual-link 2560 x 1440 resolution and 10-bit, 1.07 billion color graphics(Comparing to the Dell U2711 or HP ZR2740w, for instance), so hopefully they will be cheaper.
No word on pricing yet though. We will have to wait and find out.