As a valued partner in your data storage and management solutions, we understand the importance of keeping you informed about changes that could impact your business. Today, we want to discuss a significant development in the market for LTO Tapes, a vital component of many of our storage solutions.
Recent Changes by Manufacturers
LTO Tapes, manufactured by industry leaders Fujifilm and Sony and are distributed under renowned brands such as IBM, Quantum, and HPE. Recently, Fujifilm announced a substantial price increase for these tapes, which is likely to influence the entire LTO tape market. While we are still awaiting notification from Sony.
Details of the Price Increase
- Fujifilm LTO Ultrium 9 Data Tape Cartridges: Prices will increase by 15%.
- FujiFilm LTO Ultrium 8 and 7 Tape Cartridges: Prices will see a dramatic 40% increase.
What This Means for You
- Price Adjustment: In response to these changes from our suppliers, we will also need to adjust our prices accordingly. Despite these increases, we remain committed to offering the most competitive prices possible.
- Opportunity to Stock Up: To lessen the impact of these price hikes, we encourage you to consider purchasing LTO Tapes now. We are currently stocking up at the existing lower prices and will have a limited supply available until July 1st. Post July 1st, as our current stock depletes, the new stock will reflect the revised pricing.
Looking Ahead
We recognize that such changes can pose challenges, but our team is dedicated to helping you navigate this transition smoothly. We are available to discuss your upcoming data storage needs and assist you in making the most cost-effective purchasing decisions during this period.
We’re Here to Help
Thank you for your understanding and for continuing to trust TapeandMedia.com with your data storage needs. If you have any questions or require further information, please do not hesitate to reach out to us directly.