Earlier this week we reported that Zalman was bankrupted by its parent firm. Zalman USA responded to the news claiming rumors of the Zalman HQ in Korea going bankrupt are false, the company claims the HQ is going through financial difficulties but promises that nothing will change for owners of existing products.
Documents disclosed via the Korean stock exchange reveal Zalman filed an application to initiate a company reorganization on November 3, 2014. Technically, Zalman isn't bankrupt and can continue operations and shipments but it seems the company's future depends on what the Korean court will decide.
Zalman USA claims a formal message about the current situation and future of Zalman will be made public towards the end of November.
I know that recently various media and other vendors are spreading rumors regarding Zalman going Bankrupt over the recent scandals in Korea by our parent company Moneual.
I wanted to assure you that these rumors of Zalman HQ going bankrupt are completely false. While our HQ is having some financial difficulties due to the recent troubles experienced by Moneual, Zalman is not going bankrupt. My HQ will provide an official statement towards the end of November explaining the current situation and direction of Zalman Tech.
Nothing will change for owners of existing products as they are still covered by warranty if applicable and we will always provide post-purchase support to our customers.
Meanwhile Zalman will continue to bring innovative performance oriented products to the PC component industry, we will be launching the new Z11 Neo PC Case to the NA market soon so be sure to keep an eye out for that.