Iriver

iriver is a electronics manufacturer based in South Korea that specializes in portable media players that provide advanced features like AM/FM radio tuning and upgradeable Firmware. They are a subsidiary of the Korean electronics/entertainment company, ReignCom, and have subsidiary branches worldwide. iRiver makes many different MP3 players to compete directly with with Apple's IPod series.

Fast Facts

1. Owned and operated by ReignCom
2. Stock symbol: 060570.KQ (KOSDAQ)
3. Annual revenue (2007): $165.2 billion
4. Founders: Duk Jun Yang and Rae Hwan Lee
5. Year established: 1999
6. Industry: Portable media players
7. Phone: 82-2-1577-5557
8. Fax: 82-2-3019-6565
9. HQ: Seoul, [[South Korea]
10. CEO: Myoung Woo Lee
11. Staff: 400+

Key Dates

1. 1999: Duk Jun Yang and Rae Hwan Lee leave Samsung with five other colleagues and form ReignCom
2. 2000: Release their first product, the iMP-100, which was the first CD player capable of reading MP3 files
3. 2001: Earns top market share worldwide for MP3/CD players
4. 2003: Release the first MP3 player with an integrated camera

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