Fujifilm to boost tape production 5x for AI archiving
The gist
Fujifilm will invest about 10 billion yen ($63 million) to raise magnetic tape capacity fivefold by fiscal 2028.
Tape is cheap offline bulk storage, and AI data growth is reviving demand.
How it unfolded
- Oct 29, 2026Fujifilm announces it will spend 10 billion yen ($63.3 million) to raise magnetic tape production capacity by as much as 5x at its Odawara plant, its largest tape investment in around 20 years.
- Oct 30, 2026The company details the plan: roughly 10 billion yen from fiscal 2026 through fiscal 2028 at its Kanagawa Factory, Odawara Site, mainly for FUJIFILM LTO Ultrium10 tape, measured against fiscal 2025 output.
- Oct 30, 2026Fujifilm calls it the largest investment it has made to date in dedicated LTO tape facilities, funding manufacturing expansion and additional personnel; it targets a fivefold capacity increase by fiscal 2028, focused on cartridges holding up to 100TB.