After upgrading to Windows 11, some photo editing programs may not display colors correctly on certain HDR monitors. A typical case is that white may be misrepresented as bright yellow or some other similar color.
Microsoft confirms color rendering and rendering errors on Windows 11
According to Microsoft, the problem occurs when some color-rendering APIs on Win32 applications return incorrect results.
However, not all color profile management programs fail, and color profiles available in Windows 11’s Settings app, including the Microsoft Color Control Panel, still function properly.
Currently, Microsoft is still continuing to investigate and plan to fix this error, which is expected to last until the end of January, 2022.