ZKTeco Planned USA "Factory" Examined
ZKTeco announced the US 'factory' in 2020, but a lack of credible details, changing its proposed location twice, reducing its initial planned investment by ~$4.5m, and deceptive track record raises questions.
In this post, IPVM examines ZKTeco's planned US 'factory'.
Note: ZKTeco did not respond to multiple comment requests. If/when they do, we will update this report.
Executive *******
***** ****** ****** ** **** ***** a ** *******, * **** ** credible *******, ******* ** *****, *** the *******'* ********* ***** ****** ******** whether **** **** ******** **** ** so.
** ****, **************** ~$*** *** ******* ** *** US ************ ** ******* ** ******* tens ** ********* ** ****** ******* products, *******:
- ** ****** ****, ****** **** ** would ******* ******** ** ******** ******** nearby *** ****** ** ***** *** construction *****.
- **** ******** ** *********, *** ****, as ** "******/*********", **** ** ******* of *************.
- ** ***** ****, ****** ******* ***** again, ****** ** ***** ****** ** building * *** ******* ** *** US **, ******* *** ***** **** concerns.
- ****** ********* *** ******* ********** ** ~$4.5 * ** ~$**.** ******* ******** building ** *** ** ** *** expensive.
**** ******* ******** ***** *** ******** being **** ** ***** ****** ******** are '**** ** *** ***', ********** given ******'* ******* ** ****** ** obscure *** *** ******.
US '*******' **********
** ******* *** **********, ****** **** ** ***** ***** a ******* ** *** ** ** manufacture ******-**-****-*** ******** ******** *** *** US ******, ********** **** ***** ********* capacity ** *** *** *********, ***** are "********* *********", *** ******** ********** for ********** ******* *** ***. ****** said *** ******* ***** **** *** capacity ** ******* **** ** ********* of **********, ***** *********, **** *******, and ***********.
First ******** ****** ********
**********, ****** **** *** ******* ***** be ***** ** *** ******* ************ at **** ***** **** **, **********, GA. *** ** ****** ****,****** ************ ******** ** *** * ****** existing ******** ** **** ****** **** due ** ** "******** ** ************ and ***** *****" ********** **** * new *****.
**** **,***-******-**** ******** ** ********* ** a "*********", "************ [******]", *** "******" with ** ******* ** "*******" ** "manufacturing" ***** **** ****** *******.******, ** ** ********* **** ** an****** *** ************ ** ****/******* ******* ****** & **********.
Planned ********** ******* $*.**
** *** ************ ******** *** ******** to **** ****** ****,****** ****** ***** ****** *** ******* ******* investment ** $*.** ** $**.** "*** to [******'*] *** ** ********* ******** buildings *** ********** ** * *** location" ****** **** * *** *****.
Second *******n ******: **** ** ** **
*******, ** ***** ****,****** *********** *** ********* **** ** *** current *** ** ** **** ***** Hill ****, ******* *** **** ** 6775 ****** ****'* *****, ********** *** price ** **** **** **%.
****** ****** **** ** "******** * *** [factory] ** *** ** **********'* *** site" *** **** ** ******* *******. IPVM ***** ****** *** ** ***** go ***** ***** ****, *** ****** did *** *******.
****** ***'* ******* ** ** ***** 26,500 ****** ****, *** **** **************, *** ***** ***** *** *************, being********* "*********, *******, *********, *** ***********" ZKTeco ********.
Total ***** ****** $***, ******** *********** ****
** *** ***** ****************, ****** **** ********* *** ******* investment ** *** ******** ** ***** $500,000. **** ***** *** ** '*******' total **** *** ****** ** $**.**, down ***** $** **** *** ******** investment.****** ******* ******** ** ******* ** ***** "expected ********* *** ***" ** ****** 31, ****.
ZKTeco ******** *** ******
******, * *** **** ************* ** Guangdong *********** ********, *** * ******* ** attempting ** ******* ****** ** * US/non-PRC ****:
- *** *****'* ****** "***" ********
- *** *****'* ****** ********* ****** **** "American" ********
- ****** "***" ** ** ******
**** ******* ****** ******** ***** ****** using * ** ******** ** ***** 'Made ** *** ***' *** ******* products *** *** ******** **** **** in ** ****** ** *******.
**** ***** **** *** **** ***** tariffs *** ******* **** *** **************** ******* '*** **** ** *****' ********.
Made ** *** ********
**** ***** ****** ** ** ***** claim "**** ** *** ***" *** products **** ** **** *******, *** it *** *** *******.
*** **' ******* ***** ********** (***)************ *** ******* ****** "**** ** USA" ***** "*** *********** ***** *** products" **** "** ** ** ******":
*** * ******* ** ** ******Made ** ***, or claimed to be of domestic origin without qualifications or limits on the claim, the product must be "all ** ********* ***" **** ** *** *.*
"*** ** ********* ***" ***** ****all *********** ***** *** ********** that go into the product must ** ** *.*. ******. That is, the product should contain no — or negligible — foreign content. [emphasis]
********* *** **** **** "*********" ****** such ** "**** ** ** **** Imported *****" *** **** ** **** can **************** **************,* ** ******* **** ******* * "fundamental ******", **** ***** ** *** US.
*** ****** ******"***** ********* ** ** ** $**,*** per *********" *** ***** '**** ** USA' ******.
ZKTeco ** ********
**** ***** ********* ****** ***** **** article ** **** **** *** ********* comment ***** ***** ****. *******, ****** did *** ******* ** ******** ******* requests **** **** *** **** *******.
** ****** **** *******, **** **** update **** ******.