Well at 8k per eye (horizontal?) and 57pix/deg (retina resolution) that would be 140deg, which seems a bit of overkill (although it's close to max FOV). This is made especially difficult since latency is so critical to preventing VR nausea (120-180Hz). However, the bandwidth required to drive such (a pair) of displays would exceed 200Gbps (5 Thunderbolt per eye) so I assume going over the air there'd be a lot of compression? That's ignoring the GPU requirements which also scale... so seems like overkill.
More likely it's 8k total (4k per eye foveated rendering), and a single 20x9 display, but that's just a guess. You can do lots of things for a demo.
Edit- note the pictures are from MagicLeap and the idea that there are miniaturized high resolution microLED displays is pretty funny... perhaps they mean microOLED? Those top out below 8K even for max reticle size (30mm) die with 8um sub-pixels.