Chinese Biometric Company ZKTeco Enters Korean Market
Published2018.01.17 11:09Industry-First Two-Year Free A/S Policy Applied
ZKTeco has officially announced its entry into the Korean market. As ZKTeco, which has attracted over 3,500 customers across approximately 180 countries worldwide, enters the Korean market, attention is focused on the changing landscape of the domestic biometric and access control security market.
Based on biometric technologies including fingerprint, facial recognition, finger vein, palm vein, and iris recognition, ZKTeco supplies solutions and system products covering all areas related to physical security, encompassing platforms, access control, video surveillance, integrated management, and smart buildings.
ZKTeco has established a strategic partnership with C&B Tech for successful market entry and business expansion in Korea. C&B Tech announced that it has recruited numerous new experts in marketing, sales, and technical support for the new business.
To ensure stable market entry, C&B Tech has had ZKTeco headquarters staff stationed at the Korean office to reflect ZKTeco's global business expertise and handle technical support and customer service. Additionally, it was announced that an agreement was reached to provide unprecedented and exceptional service, including support for a two-year free A/S (2Year-warranty), a world-first in the access control industry.
According to ZKTeco, the initial strategy for the Korean market is to capture market share primarily through access control/attendance management systems, operation software/platforms, and speed gates. Given that the Korean market has high value as a testbed, ZKTeco plans to continuously expand its business by expanding the supply of all integrated security solutions and system products it possesses to Korea. The products to be initially introduced are scheduled to be unveiled to the Korean market for the first time through the World Security EXPO (SECON) 2018 to be held in March.
ZKTeco currently operates a hybrid biometric-based Internet of Things (IoT) research institute in Silicon Valley, USA, and a cloud computing/big data research institute in Europe. Beyond the security market, the company is expanding its business across the entire IT and service market through the convergence of biometric technology with new technology platforms.
Kim Baek-san, representative of C&B Tech, stated, "ZKTeco is the global leader in this field, recognized worldwide for its innovative technological capabilities and product competitiveness, with over 35% of Fortune 500 companies using ZKTeco products." He added, "With superior competitiveness in all aspects, including technological prowess and diverse product lineup compared to other companies, we expect to rapidly and stably enter the Korean market and increase our market share."
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