Global 8K Panel Shipments To Reach 500,000 Units In 2020

Global shipments of 8K LCD panels are expected to total 500,000 units in 2020, accounting for a penetration rate of 0.2% of LCD panel shipments worldwide, according to Sigmaintell Consulting.

The production cost for 8K panels still remains high limiting the growth of its penetration, said sources from Taiwan’s panel industry.

The sources also noted that prices of 8K panels at present are more than two times those quoted for 4K models, believing that the penetration of 8K panels will gain a boost when the price gap between 8K and 4K models is narrowed to 1.3 times.

While major players including Samsung Display, AU Optronics (AUO), Sharp and BOE Technology have already rolled out 8K panels, China Star Optoelectronics Technology (CSOT) will join the rank in 2020, the sources noted.

8K panels are mostly for large-size applications and are available in 65- , 75-, 82-, 85-, 98- and over 100-inch sizes currently, with 65- and 75-inch models to account for 60-70% of total 8K panel shipments in 2020, Sigmaintell said.

Global 8K panel shipments are expected to reach five million units or a 2% penetration rate in 2022 thanks to an improvement in the supply chain and reductions in production cost, said the consulting firm.―Digitimes

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