Breaking News

Razer Unveils the Ultra-Lightweight DeathAdder V4 Pro Sony launches a high-resolution shotgun microphone with superior sound quality and compact design. Arctic announces New Liquid Freezer III Pro 280 and Pro 420 Silicon Power Launches Hypera microSDXC Express Card Samsung announces Watch8, Z Fold7 and Z Flip7

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Zalman's Future Uncertain After Parent Company Files For Protection

Zalman's Future Uncertain After Parent Company Files For Protection

PC components Nov 10,2014 0

The future of Korea-based manufacturer of computer peripherals Zalman Tech Co., Ltd. is uncertain as its parent company Moneual has been under pressure over scandals in S. Korea. Zalman Tech has applied for the initiation of the its turnaround process with Seoul Central District Court, to normalize its business, on Nov. 3. Although the move could be translated as Zalman going bankrupt, Zalman USA said that it's just part of reorganization proceedings, under the South Korea's laws. Responding to rumors circulating online during the last days, Zalman says it is not going bankrupt, promising to provide more information later this month.

Regarding ZALMAN's products, the company says that it carries on shipments, while support and warranties remain in place.

Moneual, which acquired a 60% stake in Zalman Tech back in 2011, has reportedly forged its export performance papers, allowing the company to secure large loans from Korean banks, which has failed and began insolvency procedures.

Tags: Zalman
Previous Post
New Raspberry Pi Model Now On Sale
Next Post
Flagship LG G3 Smartphone to Receive Lollipop Upgrade Next Week

Related Posts

Latest News

Razer Unveils the Ultra-Lightweight DeathAdder V4 Pro
PC components

Razer Unveils the Ultra-Lightweight DeathAdder V4 Pro

Sony launches a high-resolution shotgun microphone with superior sound quality and compact design.
Cameras

Sony launches a high-resolution shotgun microphone with superior sound quality and compact design.

Arctic announces New Liquid Freezer III Pro 280 and Pro 420
Cooling Systems

Arctic announces New Liquid Freezer III Pro 280 and Pro 420

Silicon Power Launches Hypera microSDXC Express Card
Cameras

Silicon Power Launches Hypera microSDXC Express Card

Samsung announces Watch8, Z Fold7 and Z Flip7
Smartphones

Samsung announces Watch8, Z Fold7 and Z Flip7

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Crucial T705 2TB NVME White

Crucial T705 2TB NVME White

be quiet! Pure Base 501

be quiet! Pure Base 501

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed