High Prices, Lack of Content Delay 8K TV Adoption Through 2021: ABI

ABI Research expects COVID-19 will curb 8K TV consumer adoption through 2021, when 8K sets will still be only 1% of global flat-panel TV shipments. “There had been much anticipation of 8K TV market growth” amid broadcast content scheduled for the Tokyo Olympics, it reported Tuesday. The event’s postponement, plus the economic downturn, “has resulted in low 8K TV unit shipments in 2020,” it said: Though 8K TV price points declined in the past year, most are still expensive, and that will combine with lack of content to delay 8K TV adoption.