LG Electronics today released in South Korea its first "all-in-one" computer, the V720, which is also expected to be released in the U.S. in October as the Korean company tries to strengthen its foothold in the world's largest electronics market.

LG's new line of all-in-one PCs consists of two models meant to address the higher and mid-range segments of the PC market. Both V720 models will feature 27-inch IPS HD panels and Intel Ivy Bridge processors. The higher-end model will have a 3rd-generation Core i5 and an IPS 1920x1080 3D panel. The lower-end model will feature a 2nd-generation Core i3 with the same display and an Nvidia GT640M 1GB graphics card.

"We are not interested in desktop computers because demand for the devices is too low. LG push its all-in-one PCs and laptop businesses in the United States," an LG official was quopted as saying today by the The Korean Times.

LG also plans to release laptops running on Windows 8 OS in the U.S., as part of the company's collaboration with Microsoft.

The United States computer market is dominated by firms such as Hewlett-Packard, Apple and Dell.

LG's rival Samsung is also increasing spending to boost its computer business because it believes corporate awareness of the company and partnerships with outlet channels are at a level stable enough to push the once negligible business.