Fujifilm plans up to fivefold magnetic tape production boost amid AI storage demand
Company plans $63 million investment, its largest in tape storage in around 20 years, targeting tapes of up to 100 TB capacity
Fujifilm plans to boost production of magnetic storage tape by as much as five times, driven by soaring demand from AI data centers. The Japanese company will spend 10 billion yen ($63.3 million) to expand capacity at its Odawara plant, its largest investment in tape-based storage in around 20 years.