Fujifilm’s magnetic tape investment targets fivefold output by 2028

Fujifilm’s magnetic tape investment will put 10 billion yen into expanding production at its Odawara facility near Tokyo, with a target to quintuple output by 2028 . Much of the spending will support advanced storage media with capacities of up to 100 TB for data centers and organizations holding large volumes of information. Key takeaways Fujifilm’s expansion targets its Odawara plant near Tokyo. Advanced tapes will offer capacities reaching 100 TB. Tape storage can cost one-quarter as much as HDD storage. IDC forecasts global data generation could reach 718 zettabytes in 2030.

Source: The Cryptonomist