Fujifilm is investing approximately 10 billion yen (~$63M) to fivefold its magnetic tape production capacity, citing surging AI-driven data archiving demand. The expansion at its Kanagawa facility will run through FY2028 and focus on LTO Ultrium 10 tapes using new fine hybrid magnetic particles.
Background
Magnetic tape has remained a critical archival medium for enterprises despite consumer abandonment, with cloud providers and data centers relying on it for cost-effective cold storage of massive datasets.
- Source
- Ars Technica
- Published
- Oct 31, 2026 at 01:38 AM
- Score
- 6.0 / 10