Fujifilm plans 5x production boost of 100TB magnetic storage tapes driven by skyrocketing AI storage demand — $63 million injection is the largest investment in tape for 20 years
Summary
Fujifilm plans to increase magnetic tape production capacity by up to five times to meet rising demand from global AI data center buildouts. The company will invest 10 billion yen ($63.3 million) in its Odawara plant through fiscal year 2028 to produce advanced tapes with capacities of up to 100TB each. This marks Fujifilm's largest investment in tape-based storage in about 20 years. Fujifilm has been developing magnetic tape technology since 1954, initially for television broadcasting equipment.
(Source:Tom's Hardware)