iriver Inc

iriver Inc
Iriver Ltd
Formerly called
ReignCom
Public
Traded as KOSDAQ:060570
Industry Consumer electronics
Founded 1999 (1999)
Founder Duk-Jun Yang
Area served
Worldwide
Key people
Duk-Jun Yang CEO
Revenue Increase ₩55.64M[1] (2015)
Decrease ₩302K[1] (2015)
Decrease ₩635K[1] (2015)
Total assets Decrease ₩60.43M[1] (2015)
Parent SK Telecom
Divisions Iriver
Subsidiaries
Website iriver.com

iriver Inc is an electronics and entertainment company founded in 1999 originally as ReignCom. Headquartered and based in South Korea, it is the parent company of MP3 player manufacturer iriver, as well as Yurion and Funcake Entertainment Services.

History

Seven former Samsung executives created the company in 1999 and made its IPO on the KOSDAQ, a Korean stock exchange, in 2003. Duk-Jun Yang, the founder, is CEO.

ReignCom announced in May 2006 that it would adjust its focus toward handheld mobile gaming. It has reported sluggish sales for its music player business, including a loss of 35.58 billion (US$36.68 million) in 2005, compared with a net profit of 43.46 billion in 2004.

In 2009, ReignCom renamed to Iriver.

References

  1. 1 2 3 4 "IRIVER". Yahoo Finance. Retrieved 30 August 2016.

External links


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