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Creative Technology

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Creative Technology Limited
Type Public
SGX: C76
Founded July 1 1981
Headquarters Singapore
Key people Sim Wong Hoo, Founder & CEO
Products Multimedia, IT, Consumer electronics
Revenue US$914.91 million (2007)[1]
Operating income US$-61.12 million (2007)[1]
Net income US$28.19 million (2007)[1]
Employees 5,800 (2007)[1]
Website www.creative.com

Creative Technology Limited (SGX: C76) is a listed manufacturer of computer multimedia products based in Singapore where the firm was initially founded by Sim Wong Hoo on July 1, 1981. It has more than 5,000 employees worldwide. Sim is the CEO and the Chairman of the company. The US subsidiary of the company is known as Creative Labs, Inc.; this name is commonly (but incorrectly) used to refer to the entire company.

Historically, Creative is most famous for their Sound Blaster line of audio cards. At present, they are best known for their line of portable multimedia players. Creative has also gained some attention for a legal battle with rival Apple Inc.

Contents

History

Creative began as a computer repair shop, where Sim developed an add-on memory board for the Apple II computer. Later, they started creating customized PCs adapted for the Chinese language. A part of this design included enhanced audio capabilities, so that the device could produce speech and melodies. The success of this audio interface led to the development of a stand-alone sound card.

In 1987 Creative released a 12-voice sound generator sound card for the IBM PC architecture, the Creative Music System (C/MS), featuring two Philips SAA 1099 chips. Sim personally went from Singapore to Silicon Valley and managed to get RadioShack's Tandy division to market this card. The card was however not successful and lost the competition against the AdLib card which was using the Yamaha YM3812 chip (also known as OPL2). In addition to being a capable gaming card, the AdLib version was also a passable music synthesizer, which was a task the C/MS could not do.

Later, another attempt was made with the Sound Blaster, a card featuring the same chip as found on the AdLib card and with additional digital audio capabilities for playing and recording digital samples. Creative used aggressive marketing, like calling the card a "stereo" component even though the C/MS components offered stereo, or calling the sound producing microcontroller a "DSP", hoping to associate the product with a digital signal processor. This card soon became a de facto standard for sound cards in PCs for many years, mostly by the fact that it was the first to bundle what today is considered as part of sound card functionality: digital audio, onboard music synthesizer, MIDI interface and a joystick port.

In 2007, Creative voluntarily delisted itself from NASDAQ, which had the symbol of CREAF.[2] Its stocks are now solely on the Singapore Exchange (SGX-ST).

Products

Creative MuVo TX FM 512mb
Creative MuVo TX FM 512mb
Image:Creativelabs.jpg
Creative Labs headquarters in Milpitas

Creative is most well-known for:

Lawsuit Settlement

On the 22nd March 2005 The Inquirer reported that Creative Labs had agreed to settle in a class action lawsuit that was filed because of the way its Audigy and Extigy soundcards were marketed. Creative has offered customers who purchased the cards up to a $62.50 reduction on the cost of their next purchase with Creative, while the lawyers involved in filing the dispute against Creative will receive payment of approximately $470,000.[3]

See also

Divisions and brands

References

External links

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