TNW | Business
Fujifilm to raise data tape production fivefold as AI drives storage demand
Fujifilm will invest about ¥10bn (€56m) to raise magnetic data tape production fivefold as AI drives demand for archiving.
By TNW | Business
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·Excerpt
AI data centres are creating a growing need for storage, and Fujifilm is betting that one of the oldest technologies in the business still has a place in the future.
The Japanese company will invest ¥10 billion (€56 million) to increase its magnetic tape production capacity fivefold.
The investment will go into Fujifilm’s factory in Odawara, Kanagawa, between fiscal 2026 and…
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