Fujifilm pours $64 million into magnetic tape production as AI storage demand surges

Fujifilm recently announced a significant new investment in its magnetic tape manufacturing operations. The Japanese giant will spend 10 billion yen, or around $64 million, to expand production capacity at its Kanagawa Factory in the city of Odawara. The site manufactures magnetic tapes for data storage workloads, and the IT... Read Entire Article