Sharp is expected to release 8K monitors aimed at the B2B segment in Japan by the end of October 2015 as part of its first step in commercializing the technology, according to Japan media.

Japan is moving toward 8K resolution as a national standard by 2020 and makers estimate that 8K could reach a penetration of 30% by 2018 in the TV segment. Pushing 8K monitors into the market would be a first step for gaining visibility in the 8K segment, and Sharp has already begun to see orders from major outlets such as NHK Television Network, the reports said.

4K (Ultra HD) has reached that percentage mark in Japan already in 2015, the highest globally, since vendors and content makers began pushing products and content based around the resolution only a few years ago. Sharp took similar measures to push 4K units and currently holds a 30% share in Japan's 4K TV market as a result, the report added.

The company's 8K monitors sized 85-inch will come equipped with IGZO display technology and be priced initially at around US$12,500-13,300. Sharp will first promote the technology in the medical segment, art museums and broadcasting units.

Sharp will produce the 8K panels at its Kameyama Plant in Mie Prefecture.