Fujifilm plans major expansion of magnetic-tape production

AI · First reported 29 Oct, 11:40 · Updated 19:28

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Fujifilm says it will invest 10 billion yen, about $64 million, to expand tape production at its Kanagawa Factory from fiscal 2026 through 2028. The company aims to raise output to around five times its current level, citing increased demand for AI and data-center storage. Tom’s Hardware also reports the planned fivefold production increase and attributes the demand to AI data centers.

Fujifilm plans to spend 10 billion yen, or about $64 million, on expanded magnetic-tape manufacturing capacity at its Kanagawa Factory from fiscal 2026 through 2028.
The company says it needs to increase output to around five times the current level as cloud providers and data-center operators use more tape; it identifies AI services as a major source of demand.
Tom’s Hardware likewise describes a planned production boost of up to five times, driven by demand for AI data-center storage.

Summary written by Lux AI from 2 articles

Key facts

Investment: 10 billion yen, approximately $64 million.
Location: Kanagawa Factory in Odawara, Japan.
Schedule: Fiscal years 2026 through 2028.
Planned output: Around five times current production, according to Fujifilm.
Tape focus: The Kanagawa plant will focus on the company’s LTO-10 tapes.