Fujifilm to spend $63 million expanding 100TB tape production fivefold by FY2028
Fujifilm will invest 10 billion yen ($63.3 million) to expand capacity at its Odawara plant, aiming to boost magnetic tape production by up to five times by fiscal year 2028. The upgrade will let it manufacture tapes with capacities up to 100TB, marking its largest investment in tape storage in roughly two decades, according to Nikkei Asia.