Feeds

TDK calls it quits on tape media thanks to 'difficult environment'

Will press the stop button in early 2014

Choosing a cloud hosting partner with confidence

Japan's TDK Corporation has seen the writing on the wall and decided to get out of the LTO tape media manufacturing business.

The company's statement says: "In recent years, however, the data storage market has been contracting, creating a difficult business environment … TDK has decided to withdraw from the data tape business as of the end of March 2014."

TDK's media manufacturing subsidiary, the Media Technology Corporation, will be dissolved. There is expected to be no material effect upon TDK's overall business results.

The LTO consortium has three members: drive and library/autoloader manufacturers HP and IBM, and Quantum, who make libraries and autoloaders. LTO tape media is made by licensed manufacturers, while Imation, Fujifilm, Maxell, TDK and Sony hold licenses. Sony signed its LTO-6 licence in January 2012 after its own AIT and SuperAIT tape formats went tits up. It has already licensed manufacture of LTO-1 to LTO-5 media

That leaves just four manufacturers, with Fujifilm having the leading market share and loss-making Imation effectively reselling TDK cartridges. With Imation refocussing on its acquired Nexsan storage arrays and security products, it's possible it might choose this as a convenient moment to exit the LTO tape media business instead of signing an LTO media supply deal with Fujifilm, Maxell or Sony. ®

Beginner's guide to SSL certificates

More from The Register

next story
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
The DRUGSTORES DON'T WORK, CVS makes IT WORSE ... for Apple Pay
Goog Wallet apparently also spurned in NFC lockdown
Desktop Linux users beware: the boss thinks you need to be managed
VMware reveals VDI for Linux desktops plan, plus China lab to do the development
IBM, backing away from hardware? NEVER!
Don't be so sure, so-surers
Hey - who wants 4.8 TERABYTES almost AS FAST AS MEMORY?
China's Memblaze says they've got it in PCIe. Yow
Microsoft brings the CLOUD that GOES ON FOREVER
Sky's the limit with unrestricted space in the cloud
This time it's SO REAL: Overcoming the open-source orgasm myth with TODO
If the web giants need it to work, hey, maybe it'll work
'ANYTHING BUT STABLE' Netflix suffers BIG Europe-wide outage
Friday night LIVE? Nope. The only thing streaming are tears down my face
Google roolz! Nest buys Revolv, KILLS new sales of home hub
Take my temperature, I'm feeling a little bit dizzy
Storage array giants can use Azure to evacuate their back ends
Site Recovery can help to move snapshots around
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.
Mitigating web security risk with SSL certificates
Web-based systems are essential tools for running business processes and delivering services to customers.