Overview
One year after the DM13, FiiO is back with a completely redesigned portable CD player. The DM15 R2R drops delta-sigma conversion in favor of an in-house developed R2R digital-to-analog converter, adds a USB DAC mode, much more powerful headphone amplification, and an aluminum chassis topped with a tempered glass lid. The format remains compact and the whole unit runs on battery power: this is far more than a simple nostalgic nod.
A discrete resistor ladder R2R DAC
The DM13 used two Cirrus Logic CS43198 delta-sigma chips. The DM15 R2R goes the opposite way with a proprietary R2R converter derived from the one FiiO uses in its K11 R2R and K13 R2R desktop DACs.
The principle is simple in concept, demanding in execution: a resistor ladder network directly converts each digital value into analog voltage, without relying on the massive oversampling or complex digital filtering typical of delta-sigma DACs. The DM15 R2R features 192 thin-film resistors distributed across four channels (48 per channel), selected for their 0.1% tolerance and low thermal drift (30 ppm). The topology is fully differential and operates in 24 bits.
The sonic result tends toward a denser, more organic presentation than that of the DM13, with slight warmth in the mids and softened treble. It is a signature choice: supporters of analytical neutrality may prefer a delta-sigma DAC, but the R2R approach gives CDs a particular texture, fluid and natural, reminiscent of the good turntables of the past.
Headphone amplification that means business
The amplification stage, built around two SGM8262 operational amplifiers, gains considerably more power compared with the DM13. The 4.4 mm balanced output delivers up to 1,150 mW per channel into 32 Ω (815 mW on battery), or 74% more than its predecessor. The 3.5 mm single-ended output reaches 315 mW into 32 Ω, compared with 180 mW previously.
These figures are not purely theoretical. The DM15 R2R can drive home headphones such as the Sennheiser HD 600 without difficulty, which is rare for a portable CD player. Output impedance remains below 1 Ω, crosstalk exceeds 100 dB in balanced mode, and the signal-to-noise ratio is above 112 dB. The supported headphone impedance range goes from 8 to 350 Ω.
Volume control switches from a push button (on the DM13) to a rotary potentiometer, a welcome change for finely adjusting the level. The volume steps have been recalibrated for more gradual progression.
Four devices in a 471 g enclosure
The DM15 R2R is not limited to CD playback. It combines several functions within the same chassis, each accessible via the front-panel switches.
In USB DAC mode, connected to a computer, smartphone, or tablet via USB-C, it supports PCM streams up to 32-bit / 384 kHz and native DSD256. It works driver-free (plug and play) and benefits from the same R2R converter as for CD playback, which gives the USB signal the same sonic signature.
In Bluetooth transmitter mode, thanks to the Qualcomm QCC3095 chip and Bluetooth 5.4, it sends the signal (CD or USB) to wireless headphones or a speaker. Supported codecs include SBC, aptX, aptX HD, aptX Low Latency, and aptX Adaptive, the latter dynamically adjusting bitrate to maintain a stable connection. Note: Bluetooth transmission goes through the Qualcomm chipset and not through the R2R DAC, so the signal is therefore reprocessed.
As a digital transport, the coaxial and optical outputs (shared on a 3.5 mm jack with a supplied adapter) allow connection to an external DAC. The coaxial output goes up to 24-bit / 192 kHz, the optical up to 24-bit / 96 kHz.
The DM15 R2R can also extract (rip) CDs to WAV files on a USB-C flash drive, while listening to the disc at the same time. Only FAT32 media of 32 GB or less are supported, and only the WAV format is available for extraction.
A chassis designed for two uses
The aluminum enclosure measures 144 × 137 × 25.5 mm. It is thicker than a Discman from the 1990s, but 2 mm thinner than the DM13. The 471 g weight adds a sense of solidity without becoming cumbersome in a bag.
The tempered glass lid lets you see the disc spinning, an appealing aesthetic detail that recalls transparent CD players from the 1990s. The centering mechanism uses spring-mounted steel balls to make inserting and removing the disc easier without scratching it. FiiO announces near-silent rotation, a point that had caused problems on some DM13 units.
In terms of ergonomics, all control buttons have moved to the front panel: play, pause, next and previous track, stop, equalizer selection, and the volume potentiometer. A small 0.96-inch TFT LCD screen (80 × 160 pixels) displays playback information, active mode, battery level, and equalization settings. It remains modest in size, but readable and functional. Physical switches handle input/output selection, bass level, and playback mode.
The supplied infrared remote covers most functions (transport, volume, output mode) and makes desktop use more comfortable, especially when the player is connected to an amplifier or speakers. The remote’s CR2025 battery is not included.
Desktop mode and battery management
The 4,700 mAh (3.85 V) lithium-cobalt battery provides about 7 hours of continuous CD playback and up to 11 hours in USB DAC mode. Charging takes about 2 hours via USB-C with PD 2.0 / PD 3.0 fast charging.
Desktop mode (D.MODE), activated by a physical switch on the rear, bypasses the battery to power the player directly through the USB-C port. The battery is then neither used nor recharged, which preserves its lifespan during prolonged use on a desk or in a hi-fi system. If the battery drops to 0%, the player automatically recharges it regardless of the desktop mode setting, to avoid damaging it. In desktop mode, the headphone amplification delivers its maximum power (1,150 mW in balanced mode), versus 815 mW on battery.
Anti-shock protection and listening on the move
The ESP (Electronic Skip Protection) switch activates a memory buffer that pre-reads the disc: 60 seconds ahead on audio CDs, 120 seconds on discs containing MP3 files. This system reduces playback skips in the event of vibrations or movement. It should be kept in mind that ESP involves compression of the signal stored in the buffer. In desktop use, it can be disabled.
The player supports commercial audio CDs, CD-Rs, and CD-RWs, including burned discs containing FLAC, WAV, MP3, AAC, or WMA files. FiiO specifies that the DM15 R2R’s playback capabilities are comparable to those of the DM13 after firmware update, and that some high-capacity CDs may cause slight skips due to the constraints of a portable mechanism.
Equalization and sound profiles
The DM15 R2R offers three levels of bass boost (Magic Bass), activated by a physical slide switch. The first level adds slight support in the low end of the spectrum, while the second more noticeably boosts everything below 300 Hz. The second level can veil the mids and treble, making it mainly useful with headphones or earphones that are light on bass.
Eight predefined EQ profiles complete the setup: Jazz, Pop, Rock, Dance, Classical, Hip Hop, a standard profile, and a Retro mode that attempts to recreate the signature of CD players from before the high-resolution era. The combination of the three bass levels and the eight profiles gives up to 24 possible combinations. Equalization is active in all modes (CD, USB, Bluetooth).
Complete connectivity on the front and rear
The front panel groups the two headphone outputs (3.5 mm single-ended and 4.4 mm balanced) and the switches. The rear concentrates the ports and secondary switches: one USB-C for DAC input and CD extraction, one USB-C for power, one combined 3.5 mm line/coaxial/optical output (with the supplied coaxial adapter), one 4.4 mm balanced line output, the desktop mode switch, and the ESP switch.
The line outputs provide a level of 3.3 Vrms in 3.5 mm and 6.5 Vrms in 4.4 mm balanced, which is enough to drive most integrated amplifiers or active speakers.
What changes compared with the DM13
The move from the DM13 to the DM15 R2R is not a simple cosmetic update. The converter changes technology (delta-sigma to R2R), headphone power increases by 66% in single-ended mode and 74% in balanced mode, USB DAC mode makes its appearance, volume moves to a rotary potentiometer, the screen grows, the lid becomes transparent, a remote is included, and the aptX Adaptive codec is added to Bluetooth. The aluminum chassis replaces a lighter enclosure, and the format has been slightly refined (2 mm less in thickness). The DM13 remains in the catalog for simpler use or a tighter budget.
What the press says
In a completely logic driven world, the FiiO makes precious little sense but spend some time with it and the little extra features that FiiO has included ensure that this isn’t quite as weird and fringe a device as you might think.[...] The general standard of build is pretty good for the asking price though.[...] Whether used as a CD player or a DAC, the FiiO is bigger and has a shorter battery life than devices that aren’t built around a CD mechanism
Technical specifications
Design and architecture
- Proprietary R2R resistor ladder digital-to-analog converter (DAC) (192 resistors)
- Headphone amplification based on dual SGM8262 operational amplifier
- Main controller: GD32F305RET6
- Bluetooth receiver: Qualcomm QCC3095
- Custom CD mechanism and optical block
- Aluminum chassis
- 0.96-inch LCD screen (80 × 160 px)
Main features
- CD playback and USB DAC function
- Bluetooth transmitter mode
- Driver-free mode (plug and play)
- CD ripping function
- Bass adjustment: 3 levels
- Equalizer: 8 built-in DSP profiles
- Programmable auto power-off
- Firmware update via USB
Audio compatibility
- USB DAC: up to 32-bit / 384 kHz
- DSD: DSD256 (native)
- Coaxial output: up to 24-bit / 192 kHz
- Optical output: up to 24-bit / 96 kHz
Bluetooth
- Version: Bluetooth 5.4
- Supported codecs: SBC, aptX, aptX HD, aptX Low Latency, aptX Adaptive
Headphone amplification
- Single-ended output (3.5 mm)
- Power: up to 315 mW / 32 Ω
- Signal-to-noise ratio: ≥ 111 dB
- THD+N: < 0.025 %
- Crosstalk: ≥ 72 dB
- Frequency response: 20 Hz – 80 kHz (± 2.9 dB)
- Output impedance: < 1 Ω
- Balanced output (4.4 mm)
- Power: up to 1150 mW / 32 Ω
- Signal-to-noise ratio: ≥ 112 dB
- THD+N: < 0.025 %
- Crosstalk: ≥ 100 dB
- Compatible headphone impedance: 8 to 350 Ω
Line outputs
- Output level
- 3.5 mm: up to 3.3 Vrms
- 4.4 mm balanced: up to 6.5 Vrms
- Frequency response: 20 Hz – 80 kHz
- THD+N: < 0.025 %
- Dynamic range: ≥ 106 dB
Power supply and battery life
- Built-in battery: 4700 mAh
- Battery life
- CD playback: up to 7 h
- USB DAC mode: up to 11 h
- Fast charging: PD 2.0 / PD 3.0
- Charging time: about 2 h
Connectivity
- 1 × USB-C (USB DAC)
- 1 × USB-C (power)
- 1 × 3.5 mm headphone output
- 1 × 4.4 mm balanced headphone output
- 1 × 3.5 mm line output (combined line / coaxial / optical)
- 1 × 4.4 mm balanced line output
Controls and ergonomics
- Physical buttons: play / pause, next / previous track, stop, equalizer
- Volume wheel
- Dedicated switches: input / output, bass, ESP, playback mode
Included accessories
- USB-A to USB-C cable
- 3.5 mm jack to coaxial adapter
- Infrared remote control
- Quick start guide
General information
- Dimensions: 144 × 137 × 25.5 mm
- Weight: about 471 g
Frequently Asked Questions
Can the DM15 R2R play burned CDs and discs containing compressed files?
Yes. It supports CD-R and CD-RW, with playback of WAV, FLAC, MP3, AAC, and WMA files burned to disc. Commercial audio CDs are played in standard Red Book format, and FiiO indicates HDCD compatibility as well as the CD layer of SACDs.
Can the DM15 R2R be used as a USB DAC with a smartphone?
Yes, provided the smartphone supports USB audio output (USB OTG). The player works driver-free. You simply connect it via USB-C for the audio signal to pass through the R2R converter.
Does desktop mode degrade sound quality?
No. Desktop mode powers the player directly via USB and even delivers the maximum power of the headphone amplification (1,150 mW in balanced mode versus 815 mW on battery). It is recommended for prolonged use in order to preserve the battery.
What high-resolution formats are supported in USB DAC mode?
USB DAC mode accepts PCM up to 32-bit / 384 kHz and native DSD256. These resolutions apply only to the USB input; CD playback remains limited to the Red Book standard 16-bit / 44.1 kHz (or to the content of files burned onto CD-R).
- Eco-contribution included in the sale price.

















