yes, it does
Audio file specificationMPEG-1/2 Layer3, OGG (Vorbis), FLAC, WMA (Standard/Professional), WAVBit rates/Sampling frequencyMP38 to 320 kbps (CBR/VBR), to 48 kHz (ID3 tag version: Ver. 1.0, Ver. 1.1, Ver. 2.2, Ver. 2.3, Ver. 2.4)OGGQ1 to Q10, to 48 kHzFLAC8/16/24 bit, to 48 kHzWMA•Standard (0x161): to L3 Profile, to 385 kbps, to 48 kHz•Professional (0x162): to M0b, to 192 kbps, to 48 kHzWAV8/16 bit, to 48 kHzDetailed specifications•Maximum number of directory layers: 20•Maximum length of folder/file names: 255 byte•Supported characters for folder/file names: Alphanumeric characters, Korean standard character set 2,350 characters, Simplified Chinese 4,888 characters•Maximum number of folders: 2,000 (including ROOT)•Maximum number of files: 8,000
Audio file specificationMPEG-1/2 Layer3, OGG (Vorbis), FLAC, WMA (Standard/Professional), WAVBit rates/Sampling frequencyMP38 to 320 kbps (CBR/VBR), to 48 kHz (ID3 tag version: Ver. 1.0, Ver. 1.1, Ver. 2.2, Ver. 2.3, Ver. 2.4)OGGQ1 to Q10, to 48 kHzFLAC8/16/24 bit, to 48 kHzWMA•Standard (0x161): to L3 Profile, to 385 kbps, to 48 kHz•Professional (0x162): to M0b, to 192 kbps, to 48 kHzWAV8/16 bit, to 48 kHzDetailed specifications•Maximum number of directory layers: 20•Maximum length of folder/file names: 255 byte•Supported characters for folder/file names: Alphanumeric characters, Korean standard character set 2,350 characters, Simplified Chinese 4,888 characters•Maximum number of folders: 2,000 (including ROOT)•Maximum number of files: 8,000