Kumyoung

Kumyoung
KY (주)금영
Industry Music, Entertainment
Founded 1983 in Busan, South Korea
Headquarters Seoul, South Korea
Area served
 South Korea
Philippines
China
Japan
Key people
 Kim, Sung-Young (CEO)
Products Electronics
LED Lighting
Revenue Increase $54 million (60 trillon KRW) (2006)
Number of employees
 110 people (regular staffs)
30 free-lancers
in sound-engineering lab(2005)[1]
Slogan Create the Next
Life is Entertainment
Website www.kumyoung.com

Kumyoung (Hangul: (주)금영, Hanja: 金永) is a Korean company based in Seoul, South Korea. Its main areas of business are manufacturing of computer music player and audio system, LED lighting and production of digital music content. The company has a domestic office in Seoul, and overseas offices in Beijing, China, Japan, Philippines and a factory located in Shenzhen, China.[2]

History

Kumyoung was first established as Namkyoung Industry, a manufacturer of video game arcade machine in Busan, South Korea in August 1983. The firm's name was changed to Kumyoung Industry in 1986 and later to Kumyoung Co. Ltd. in 1989 with the inauguration of Kim Sung Young as its CEO. The company focused on the production of karaoke system and has dominated the Korean Noraebang (노래방) industry and the export markets since the early 90s. In 1996, Kumyoung introduced and patented the world's first HDD-based computer music player with real human voice chorus recording by a TV station.

The company headquarters was moved to Seoul in 2002. It ventured into digital music production in 2003 with the establishment of its affiliate, Square-One Music and mobile phone content services in partnership with some Korean telecom companies. Kumyoung has diversified its core business by offering on-line internet noraebang and Video-on-demand services.

Kumyoung Vivaus-PRO II and FeelTong 400
Karaoke Player

Products

Affiliates

References

  1. ↑ Kumyoung business information
  2. ↑ Bloomberg BusinessWeek

External links

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