The article says, While many people thinks MP3 come from United State by the iPod and Napster,the first one was developed in Korea TEN years ago by a venture company.
frankly speaking, I have a tendency to regard "developing and inventing" as more serious than "selling and Marketing" since I am a technician . Today I keep in mind that while developing innovative thing is important , others like desing,marketing.. can be the core.
http://www.arirang.co.kr/News/News_View.asp?nseq=80714&code=Ne5&category=5
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Be careful the MP3 as a format (MPEG-1 Audio Layer 3) is different from the MP3 player. The format is the result of work done at Fraunhofer IIS in Germany.
The first MP3 solid state memory players were introduced in 1998 in both US (Rio 100) and Korea (Saehan MPman)
For a good historical timeline, see here :
http://www.iis.fraunhofer.de/EN/bf/amm/mp3history/mp3history01.jsp
I was not aware of this fact small Korean company started to do MP3 player business 10 years ago.
This is telling to us even small company can expand its business if when it has its own idea.
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