Or, to be more specific, Zalman’s parent company Moneual has [1, 2]. The parent company, mostly into robotic vacuum cleaners, was unable to repay a bond amount in the order of 500 billion won (~$460 million USD) to its creditor banks after a large scale scam was exposed earlier last month [3]. No words yet on if the banks plan to acquire and sell off Zalman Tech, but at this point the worst case may well end up being the likeliest one.
