Fujifilm Announces Price Increase of LTO Cartridges: 5%-10%
Fujifilm Recording Media GmbH informed its dealers and distributors of a 5%-10% price increase over the price of selected manufactured LTO Ultrium data tape products, including LTO-5, LTO-6, LTO-7, LTO-8 and LTO-UCC formats.
The increase will take effect October 1, 2022. The latest LTO-9 gen, which launched in September 2021, is not included in the increase.
The increase is in direct response to the rising global costs of raw materials and transportation of LTO Ultrium data tape products WW.
“We will continue to invest in tape technology, focusing on increasing tape capacity and advising storage managers of the advantages of tape media,” said Wolfgang May, MD. “In addition to a low TCO, these advantages include ‘air gap’ for cybersecurity and low energy consumption for sustainability. We believe these advantages far outweigh the planned price adjustment.“
Fujifilm Recording Media, Kleve, Germany, is Fujifilm Corporation’s European based marketing and sales operation for tape media and data management solutions. The company provides datacentre customers and enterprise industry partners with a range of recording media products and archival solutions. Based on a history of thin-film engineering and magnetic particle science such as Fujifilm’s NANOCUBIC and Barium Ferrite technology, the firm creates breakthrough storage products. Worldwide, Fujifilm and its affiliates have surpassed the 170 million milestone for the number of LTO Ultrium cartridges manufactured and sold since introduction, establishing the company as the global manufacturer of mid-range and enterprise tape.
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