Fujifilm invests 10 billion yen to expand magnetic tape capacity fivefold

Bitget2026/10/29 02:05

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Fujifilm will invest approximately 10 billion yen at its Kanagawa Factory's Odawara site to expand data storage magnetic tape production.
The investment, spanning fiscal 2026 through fiscal 2028, will increase production capacity approximately fivefold.
Facility expansion will focus primarily on FUJIFILM LTO Ultrium10 tape, with additional personnel supporting stable supply.
The spending marks its largest investment in dedicated LTO tape facilities, addressing growing data archiving demand from generative AI.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fujifilm Holdings Corporation published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Fujifilm invests 10 billion yen to expand magnetic tape capacity fivefold

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