July 5th, 2022, FUJIFILM (MALAYSIA) SDN BHD informed its dealers and distributors today of a 5% price increase over the price of select FUJIFILM-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 FUJIFILM LTO-9 generation, 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 FUJIFILM LTO Ultrium data tape products worldwide.
We will continue to invest in tape technology, focusing on increasing tape capacity and advising data storage managers of the advantages of tape media. In addition to a low total cost of ownership, these advantages include ‘air gap’ for cybersecurity and low energy consumption for sustainability. We believe these advantages far outweigh the planned price adjustment.