The global market for 8K TVs is expected to post weaker than expected growth this year amid a lack of compatible content.
According to data compiled by industry tracker IHS Markit, the global shipments of 8K models such as an organic light-emitting diode and quantum dot is expected to reach 338,000 units this year, down from 430,000 anticipated in October.
South Korean tech giants Samsung and LG showcased their 8K TVs at CES 2019, promoting them as new growth drivers in the premium segment. But industry watchers point out that the 8K market still remains in its infancy due to a lack of content for the standard and steep price tags.