Fujifilm to boost tape production 5x as AI fuels archiving demand
Low costs and offline security mean magnetic tape still has a job.
TL;DR
- Fujifilm will invest approximately 10 billion yen to increase magnetic tape production capacity fivefold.
- Increased demand for archiving is attributed to generative AI's global data growth.
- The investment will enhance production at Fujifilm's Kanagawa Factory for the FUJIFILM LTO Ultrium10 tape.
- Magnetic tape remains critical for enterprise sectors, especially cloud giants, for backing up extensive data archives.
- Tape offers low-cost, large-volume storage and a vital 'air-gap' security feature against cyberattacks such as ransomware.