Samsung Overtakes Reigncom as MP3 Markets?

Having declared its intention to become the leader of the global MP3 player industry by 2007, Koreas largest electronics maker Samsung Electronics appears to have sold more MP3 players than the current Korean leader Reigncom in the first half of the year.
Industry sources said Sunday that during the first half of the year, Samsung produced a monthly average of 270,000-280,000 units, slightly more than Reigncom with 250,000 units. This puts Samsung on a par with Reigncom, Singapores Creative and Rio of the United States in the competition for second place in the world market.

Last year, Samsung supplied 1.7 million MP3 players to the world market, including 390,000 units for the domestic market, while Reigncom sold 2.8 million units.

Apple is currently dominating the MP3 market with its hit model iPod, with several companies trailing it with 7~8 percent market shares. A Samsung official said it hasn’t confirmed whether the company had overtaken Reigncom, but it was true that the gap had greatly narrowed.

chosun.com