ReignCom
ReignCom is an electronics and entertainment company. Headquartered and based in South Korea, ReignCom 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 changed its company name to Iriver.[1]
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