Fujifilm invests 10 billion yen to expand magnetic tape capacity fivefold
Bitget2026/10/29 02:05- Fujifilm will invest approximately 10 billion yen at its Kanagawa Factory's Odawara site to expand data storage magnetic tape production.
- The investment, spanning fiscal 2026 through fiscal 2028, will increase production capacity approximately fivefold.
- Facility expansion will focus primarily on FUJIFILM LTO Ultrium10 tape, with additional personnel supporting stable supply.
- The spending marks its largest investment in dedicated LTO tape facilities, addressing growing data archiving demand from generative AI.
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