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
- Owned and operated by ReignCom
- Stock symbol: 060570.KQ (KOSDAQ)
- Annual revenue (2007): $165.2 billion
- Founders: Duk Jun Yang and Rae Hwan Lee
- Year established: 1999
- Industry: Portable media players
- Phone: 82-2-1577-5557
- Fax: 82-2-3019-6565
- HQ: Seoul, [[South Korea]
- CEO: Myoung Woo Lee
- Staff: 400+
Key Dates
- 1999: Duk Jun Yang and Rae Hwan Lee leave Samsung with five other colleagues and form ReignCom
- 2000: Release their first product, the iMP-100, which was the first CD player capable of reading MP3 files
- 2001: Earns top market share worldwide for MP3/CD players
- 2003: Release the first MP3 player with an integrated camera
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