Fujifilm Plans 10 Billion Yen Investment to Expand Magnetic Tape Capacity
Fujifilm plans to increase magnetic-tape production capacity by 400%, according to sources.
By Kohei Hayashi / Yomiuri Shimbun Staff WriterJapanese conglomerate Fujifilm Corp. plans to increase its production capacity of magnetic tape for data storage by 400% amid a resurgence in popularity, according to sources.The company is set to invest about 10 billion yen at a plant in Odawara, Kana…