Today is a sad day in the world of technology, as legendary Korean manufacturer Zalman have filed for bankruptcy. The company filed for bankruptcy on the 3rd of November in Seoul. This is suspected to be due to a scam by its owner Moneual.

The company has gained much praise over the years for their passive cooling hardware, such as the TNN-500 and the TNN-300 series coolers. I’m sure more than a few of you who are reading this will have used or still do use Zalman hardware.

The future of the company is uncertain at this time, but things aren’t looking good. Either someone will jump in and save the day at the last-minute, or the company will be broken up and sold off to cover their debts.

No doubt this is bad news for the current work force at Zalman, so we wish you all the best of luck in finding a new career path.

Thank you AskCorp for providing us with this information.

Image courtesy of AskCorp.