Audio Confusion with Usb charging J3

Hey everyone
Just got my Cowon J3 a week ago. Did chargings via pc usb port. After trying to charge it through my Philips Universal Charger, it shows battery full instantly when I plug it in. Kept it for 4 hours or so and removed the charger. But the J3 shows battery empty. I later tried charging it on a friend's karbonn usb charger and it charged perfectly fine.

I'm confused now. My charger is rated 500mA@5.4V and his charger is 500mA@5V. Why didn't it work? And why does it shows battery full if it actually is empty?
I read that electronics charged at 5v have a tolerance of +0.5v. Then why?
Should I be buying the Cowon charger then?
 
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