The TV industry finally concedes that the future may not be in 8K
Key Points:
- Technology companies heavily promoted 8K TVs throughout the 2010s, with early prototypes from Sharp in 2012 and commercial releases by Samsung and LG by 2018-2019, but 8K never gained widespread adoption due to high costs and lack of native content.
- LG Display has ceased production of 8K LCD and OLED panels, and LG Electronics is reportedly ending sales of its last 8K LCD TV model, reflecting a broader industry retreat as TCL and Sony also discontinue or halt 8K TV production.
- Despite nearly 1 billion 4K TVs in use globally, only 1.6 million 8K TVs have been sold since 2015, with sales peaking in 2022;