Maycom Co.
Maycom Co., Ltd. is a S. Korean electronics equipment manufacturer and seller primarily in the field of radio/communications and audio equipment.
Established in 1994 by S.W. Bae, Maycom's president and sole owner, its headquarters and manufacturing facilities are based in Anyang, Gyeonggi-do, South Korea. Previously the company had offices in the UK, Poland, Hong Kong, Japan and the Middle East.
Contents
Products
Current
According to its website, Maycom's current products are:
Former
- Maycom Merit MP-100 MP3 players licensed from its OEM customer, United States-based I-Jam Entertainment.[4] The Merit was sold only in the UK and Asia as I-Jam sold its player in North America.
- Maycom licensed an MP3 player reference design from United States-based e.Digital Corporation in January 2000.[5] The companies jointly announced the launch of the player, called the MP2000, in October 2000 "in time for the holiday shopping season"[6] but the product never went into retail channels and e.Digital eventually offered them through their online store in December 2001.[7]
Contract manufacturing
Maycom has also manufactured products as an OEM for other companies.
- I-Jam Entertainment LLC, of Schaumburg, Illinois (now defunct) contracted with Maycom to manufacture its I-Jam "IJ-100" MP3 player, one of the earliest on the market.[8][9][10]
- e.Digital Corporation contracted with Maycom to build its branded MXP 100 digital audio player[11] and later, digEplayer 5500 portable media players for e.Digital's customer, digEcor.
Legal dispute
In March 2006, e.Digital informed its shareholders that Maycom was either unwilling or unable to fulfill a purchase order for 1,250 digEplayers and batteries it had placed to fulfill an order from its customer, digEcor, in November 2005.[12]
digEcor had fully paid e.Digital and e.Digital had fully paid Maycom. In May 2006, digEcor, filed a lawsuit against e.Digital regarding the non-delivery of the pre-paid order and other matters seeking actual damages of $793,750 and consequential damages of not less than $1,000,000. Maycom eventually delivered the players to e.Digital and e.Digital to digEcor without batteries in October 2006. e.Digital and digEcor entered into a partial settlement agreement reducing the actual damages claim to $98,846 for undelivered batteries, with consequential damages still to be proven at trial (scheduled for January 2009). e.Digital claims it will seek any damages it is required to pay from Maycom.[13]
References
- ↑ Maycom AR-108
- ↑ Maycom FR-100
- ↑ Voice Magic recorders at Alibaba.com
- ↑ Merit MP-100 review
- ↑ e.Digital And Maycom Announce Licensing Agreement For e.Digital's Portable Internet Music Player Design - January 2000
- ↑ e.Digital and Maycom Announce the Launch of MP2000 Digital Music Player - Oct. 6, 2000
- ↑ e.Digital Announces Consumer Availability of MP2000 Internet Music Player - Dec. 6. 2001
- ↑ Review: The I-Jam - MP3 Newswire, 12/07/99
- ↑ Review of IJ-100 by I-Jam MultiMedia - 7/23/2000
- ↑ I-Jam Entertainment LLC on zoominfo.com
- ↑ e.Digital Releases MicroDrive MP3 Player You Talk To - 11/02/01
- ↑ e.Digital SHAREHOLDER ALERT, 03/23/06
- ↑ eDigital Corporation Annual Report (10-K), 6/29/2007
