The current logo as of August 2016.
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Iriver Ltd | |
Formerly called
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ReignCom |
Public | |
Traded as | KOSDAQ:060570 |
Industry | Consumer electronics |
Founded | 1999 |
Founder | Duk-Jun Yang |
Area served
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Worldwide |
Key people
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Duk-Jun Yang CEO |
Revenue |
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Total assets |
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Parent | SK Telecom |
Divisions | Iriver |
Subsidiaries |
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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.
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.