Fujifilm to invest 10 billion yen to raise LTO tape output fivefold
Overview
Fujifilm will invest about 10 billion yen (roughly $63 million) to raise its LTO magnetic tape production capacity fivefold against fiscal 2025 levels, with the project running from fiscal 2026 through 2028.
The capacity increase is at its Kanagawa Factory, Odawara site, where the company is focusing on the LTO Ultrium10 tape.
Fujifilm attributes the rising demand to generative AI, which it says is driving exponential growth in data storage needs.
Written by AI from the articles below · updated Oct 30, 1:48 PM ET
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- Ars Technica · AINewsFujifilm to boost tape production fivefold as AI drives archiving demand
AIFujifilm will invest about 10 billion yen (roughly $63 million) to raise LTO tape production capacity fivefold against fiscal 2025 levels, with the project running from fiscal 2026 through 2028. The company attributes the rising demand to generative AI, which it says is driving exponential growth in data needs, and it is focusing on the LTO Ultrium10 tape at its Kanagawa Factory, Odawara site.
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