Fujifilm is significantly increasing its production of 100TB magnetic storage tapes, investing $63.3 million to expand capacity at its Odawara plant. This move is driven by the escalating demand for AI data storage, which has made tapes a cost-effective and durable solution for long-term data backup. The company aims to boost production by up to five times by fiscal year 2028, positioning itself to meet the growing needs of data centers. AI
IMPACT Accelerates the availability of cost-effective, high-capacity storage solutions crucial for AI model training and data archiving.
RANK_REASON Significant investment in data storage infrastructure driven by AI demand. [lever_c_demoted from significant: ic=1 ai=0.7]
- 100TB
- 365TB
- Fujifilm Holdings Corporation
- Kioxia
- Linear Tape-Open
- Odawara
- SanDisk
- Seagate Technology
- Toshiba
- Western Digital
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