Fujifilm to invest ¥10 billion to expand magnetic tape production capacity

Fujifilm plans to invest about ¥10 billion (roughly $63 million) to raise magnetic tape capacity to five times its fiscal 2025 level, Ars Technica reported on October 31, 2026. The report ties the expansion to data archiving demand driven by generative AI. Only the investment amount and the capacity target have been disclosed; the report gives no construction schedule, completion date or capacity already added, and the fivefold figure remains a goal.

Written by AI from the coverage · updated 2 hours ago

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