Skip to main content

Zalman Denies Bankruptcy Rumors

One of Zalman's recent CPU coolers, the Reserator 3 Max Dual

There have been reports around the web that PC component manufacturer Zalman has filed for bankruptcy, thanks to large-scale corporate fraud by its parent company, Moneual. Upon contacting Zalman USA, however, a source denied the rumors.

The source told us that rumors about Zalman going bankrupt because of parent company Moneual's scandals in Korea are false. The source did, however, state that Zalman HQ is having financial difficulties because of the Moneual mess. 

Zalman also indicated that it would be providing an official statement at the end of November about the current situation and what the future of Zalman looks like. The company also assured us that nothing would change for owners of existing products or warranties.

Reports emerged this week that Moneual forged its export performance papers, allowing the company to secure large loans from Korean banks. Reportedly, the scam was planned by the company's executives from the moment Moneual was founded. Zalman was purchased by Moneual in 2011, allegedly as an additional cloak to cover up the numbers.

How much danger is the Zalman brand in? Only time will tell.

Update 11/13: Changed source name of the refutation. Removed quote and restated content.

Follow Niels Broekhuijsen @NBroekhuijsen. Follow us @tomshardware, on Facebook and on Google+.

  • ubercake
    This kind of rumor can seriously hurt sales. Who wants to buy something from a company with possibly no warranty in the near future. This kind of rumor is definitely law-suit worthy itself.
    Reply
  • qlum
    In the EU at least the retailer has to give you 2 years of warranty regardless of what the manufacturer does so at least here we have nothing to worry about.
    Reply
  • MoulaZX
    Curious how this 2 year warranty in EU covers damage caused to other critical components due to a failure in the purchase item... for example, you buy a $100 CPU Cooler that has a defect, that allowed your $500 Processor to fry. Little comfort there even if the Retailer does agree to replace the faulty CPU Cooler.
    Reply
  • qlum
    I don't know much about that but it generally becomes are far more complicated case and doesn't have much to do with warranty .
    Reply
  • thundervore
    I wouldn't be surprised if this was real. Seriously, when was the last time Zalman released something good?

    Their CPU variable fin profile technology is being out done by AIO.

    I see their GPU VF1000 technology implemented with vast improvements on MSI Twin Frozor GPU coolers.
    Reply
  • jase240
    MoulaZX, normally a cooler warranty would not cover damage to other components due to failure. However most modern CPUs will shut off in the even of overheating due to a cooler failure; and even then as long as the connection of the heatsink is good and it's only the fan that fails, with modern CPUs and light to moderate use they can usually run passively without getting hot enough to damage the CPU.

    I would not really worry about a warranty on an air cooler anyways, as long as the fan is replaceable.
    Reply
  • SLPSS1999
    http://imgur.com/4vme7fo
    Reply
  • SLPSS1999
    http://imgur.com/4vme7fo
    Reply