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`SAMSUNG  Electronics  Launches  "yepp",  the  World's  Smallest  MP3  Player
`
`-­  The  size  of  a  calling  card  (58mm  x  85mm  x  17mm),  "yepp"  comes  with  FM  radio,  telephone  directory  and  recorder  function.  -­
`Samsung  plans  to  take  the  initiative  in  the  domestic  market  and  focus  on  export  markets.  -­  Samsung  aims  to  sell  500,000  units  this
`year  and  capturing  the  top  share  of  the  world  market.
`
`SEOUL,  Korea  -­  April  28,  1999  -­  Korean  manufacturers  are  gaining  a  significant  portion  of  the  Internet  audio  (MP3  player)  market.
`Amid  fierce  competition  for  the  top  market  share,  Samsung  Electronics  has  introduced  two  different  MP3  player  models  into  the
`domestic  market  under  the  "yepp"  brand  name.  Now,  the  company  is  preparing  to  create  the  "2nd  Walkman  legend."
`
`The  MP3  player  is  a  digital  audio  device  that  allows  the  user  to  download  music  files  from  the  Internet  or  other  on-­line  services.
`Currently,  Korean  manufacturers  are  leading  this  industry.  The  "yepp"  models  are  no  bigger  than  an  ordinary  business  card  (58mm  x
`85mm  x  17mm)  and  very  light  (64  grams  excluding  battery).  They  are  designed  to  appeal  to  the  youth  market  and  come  with  a  basic
`40  megabytes  of  memory,  enough  to  store  ten  (average  length)  songs.  If  more  memory  is  needed,  the  user  can  take  advantage  of  the
`"yepp  card"  (Smart  Card).
`
`Survey  results  of  500  young  people,  the  main  target  for  "yepp,"  were  used  in  developing  the  product.  Respecting  the  wishes  of  most
`survey  respondents,  Samsung  Electronics  included  an  FM  radio,  recording  capability  (160  minutes)  and  telephone  directory  (500
`names).  The  magnesium  case  provides  a  touch  of  elegance  that  has  been  well  received  by  consumers.  
`
`The  center  of  "yepp"  has  a  liquid  crystal  display  that  indicates  the  title  of  the  song  being  played,  the  song  length  and  the  lyrics.  The
`product  takes  two  AAA  batteries  which  will  last  for  ten  hours  of  continue  play  time.
`
`The  sound  quality  of  "yepp"  is  on  a  par  with  that  of  a  compact  disc  player.  The  songs  being  played  will  not  skip  or  be  interrupted  even
`when  the  "yepp"  user  is  engaged  in  rigorous  exercise.  
`
`Samsung  Electronics'  "yepp"  is  available  in  two  models:  a  basic  unit  (YP-­E16)  and  a  deluxe  unit  (YP-­D40).  Buyers  can  choose  either
`gold  or  silver  versions.  The  deluxe  model  is  also  equipped  with  an  FM  radio  tuner  and  is  capable  of  recording  external  sound  such  as
`lectures  or  performances.  Bkoth  of  them  provide  back-­band  headphones.  Users  can  also  take  advantage  of  a  variety  of  services
`through  a  dedicated  home  page.
`
`Samsung  Electronics  has  also  built  in  its  exclusive  SecuMax  program  to  prevent  users  from  pirating  unauthorized  songs.  
`
`The  world  market  for  internet  audio  players  is  estimated  at  1.2  million  units  in  1999  and  forecast  to  explode  to  3  million  units  in  2000,
`7.8  million  units  in  2001  and  30  million  units  by  2005.  At  that  time,  demand  will  surpass  that  for  conventional  cassette  tape  recorders.
`Demand  in  Korea  will  also  surge  from  some  80,000  units  this  year  to  500,000  units  next  year,  and  on  to  1  million  units  the  following
`year.
`
`In  1999,  Samsung  Electronics  expects  to  sell  500,000  units  including  OEM  requirements.  
`
`To  expand  sales,  Samsung  Electronics  plans  to  introduce  a  "yepp"  model  for  automobiles  and  a  Recording  Station  that  allows  the
`user  to  instantly  convert  music  from  CDs  or  cassette  tapes  to  MP3  files  without  needing  a  computer.  These  new  products  are
`scheduled  for  release  in  the  second  half  of  this  year.  
`
`Samsung  Electronics  Co.,  Ltd.,  with  1998  sales  revenue  of  about  16.6  billion  dollars  (US),  is  a  world  leader  in  the  electronics  industry.
`The  Korea-­based  firm  has  operations  in  more  than  50  countries  with  60,000  employees  worldwide.  The  company  consists  of  three
`main  business  units:  Multimedia  &  Home  Appliances,  Semiconductors  and  Information  &  Telecommunications.  For  more  information,
`please  visit  our  website,  
`
`All  brands  or  product  names  are  the  property  of  their  respective  holders.
`
`www.samsung.com/us/news/317
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