Franklin Wireless Corp. provides intelligent wireless solutions. The company's products include mobile hotspots, routers, trackers, and other devices, which integrates hardware and software enabling machine-to-machine (M2M) applications and the Internet of Things (IoT). It offers M2M and IoT solutions, which include embedded modules, and modems and gateways built to deliver connectivity supporting various spectrum of applications based on 5G/4G wireless technology. The company directly markets its products to wireless operators, as well as indirectly through strategic partners and distributors located primarily in the North America, the Caribbean and South America, and Asia. Franklin Wireless Corp. was founded in 1981 and is headquartered in San Diego, California.
IPO Year:
Exchange: NASDAQ
Website: franklinwireless.com
CLAYTON, Mo., Dec. 28, 2023 /PRNewswire/ -- Sinnet Capital Partners, along with Managing Partner Timothy Hasara, collectively own 380,000 shares or 3.2% of the outstanding shares of Franklin Wireless (NASDAQ:FKWL), and today issued the following public letter to the Company's Board of Directors: *** December 28, 2023Franklin Wireless Board of Directors Gary Nelson, O.C. Kim, Kristina Kim, Heidy Chow, Jonathan Chase Dear Members of the Board, Franklin Wireless has generated cash over time, and specifically since the beginning of Covid. The cash has grown from $12.9 million i
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SAN DIEGO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Franklin Access unveils significant enhancements to its JEXtream Mobile Device Management (MDM) platform, reinforcing its commitment to providing versatile solutions for enterprise clients and educational institutions. Key Updates 1. Internet Suspension Feature a. Enables efficient management of internet functionality across individual or multiple devicesb. Particularly valuable for corporate clients managing large device fleets 2. Single Sign-On (SSO) Integration a. Streamlines access for existing JEXtream customersb. Users can now access additional MDM features directly with their JEXtream login credentials 3. En
SAN DIEGO, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Franklin Access, a leading provider of integrated wireless solutions, is excited to introduce the JEXtream FX20 WiFi 6 router, paired with the Quvo parental control app, designed to enhance digital safety for families. The JEXtream FX20 router offers modern network performance, while the Quvo app is specifically designed to give parents control over their children's online activities. This powerful combination of hardware and software empowers parents to create a safer digital environment, promoting responsible online behavior and healthy habits. In today's digital age, children are exposed to a variety of risks, including inappropriate conte
SAN DIEGO, June 19, 2024 (GLOBE NEWSWIRE) -- Franklin Access, a leading provider of integrated wireless solutions, has agreed to invest $3 million in a joint venture module business. The new joint venture will customize, market, and develop various 4G/5G mobile broadband modules and work to bring in a new era of module innovation from 4G/5G Android on-device AI modules. These multi-network smart modules will be available once certificated with wireless operators. The power of these new transformational modules will have advanced functionalities in security, image processing, and video streaming across 4G and 5G networks. OC Kim, CEO of Franklin Access, expressed confidence in the venture'
SAN DIEGO, June 12, 2024 (GLOBE NEWSWIRE) -- Franklin Wireless, a leading provider of integrated wireless solutions, announced it will do business as Franklin Access today. This change reflects our commitment to delivering network solutions for homes and businesses. At Franklin Access, we strive for customer satisfaction through innovative network solutions with our user-friendly products and services. Franklin Access focuses on reliability, speed, and accessibility for modern home and business network demands. We empower users with seamless network integration on multiple devices at home, traveling, and even managing IoT systems. We will push the boundaries of network solutions with our
CLAYTON, Mo., Dec. 28, 2023 /PRNewswire/ -- Sinnet Capital Partners, along with Managing Partner Timothy Hasara, collectively own 380,000 shares or 3.2% of the outstanding shares of Franklin Wireless (NASDAQ:FKWL), and today issued the following public letter to the Company's Board of Directors: *** December 28, 2023Franklin Wireless Board of Directors Gary Nelson, O.C. Kim, Kristina Kim, Heidy Chow, Jonathan Chase Dear Members of the Board, Franklin Wireless has generated cash over time, and specifically since the beginning of Covid. The cash has grown from $12.9 million i
SAN DIEGO, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Franklin Wireless Corp. (NASDAQ:FKWL), a leader in wireless communications, has announced the launch of the A50 5G mobile hotspot with AT&T. Devices will be available starting in early February in all channels. AT&T 5G requires a compatible plan and is not available everywhere. See att.com/5Gforyou for details. "We are pleased to support AT&T in the launch of our newest 5G mobile hotspot powered by the latest chipset technology and next-generation mobile device management capabilities," noted OC Kim, President of Franklin Wireless. "Franklin is committed to developing cutting-edge solutions which provide real-time networking with increased spe
SAN DIEGO, Dec. 23, 2021 (GLOBE NEWSWIRE) -- Franklin Wireless Corp. (NASDAQ:FKWL), a market leader in broadband data communications, today provided a business update on the progress related to innovative mobile solutions that are driving an increase in recurring revenue. OC Kim, president of Franklin Wireless, commented, "We have made several app-enabled product announcements recently that demonstrate our continued leadership in bringing intelligent, software-enabled wireless solutions to market. Our 4G, 5G, and other devices are now mobile solutions bundled with software and apps that enable human-to-machine communications as part of a holistic IoT environment. Over time, we expect an
SAN DIEGO, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Franklin Wireless Corp. (NASDAQ:FKWL), a market leader in broadband data communications, today announced that its new sub-6 5G mobile hotspot, Jextream 5G, is now available for purchase on www.cspire.com. The product supports connectivity using C Spire's state-of-the-art 5G network. "Launch of our latest 5G mobile hotspot via our valued business partner, C Spire, broadens availability of our products to the U.S., thereby expanding our addressable market and the opportunity for increased sales," said OC Kim, president of Franklin Wireless. "With its innovative, lightweight design, our Jextream 5G mobile hotspot device enables C Spire customers t
SAN DIEGO, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Franklin Wireless Corp. (NASDAQ:FKWL), a market leader in broadband data communications, today announced that it is launching a new sub-6 5G mobile hotspot in conjunction with C Spire, a diversified telecommunications and technology services company. All necessary certifications and approvals have been granted. Products will be available for use on C Spire's state-of-the-art 5G network beginning next month at competitive prices. "We are thrilled to launch our first sub-6 5G next-generation device in the United States with our long-time business partner C Spire. Franklin and C Spire have a rich history of continuously bringing industry-leading
SAN DIEGO, May 26, 2021 (GLOBE NEWSWIRE) -- Franklin Wireless Corp. (NASDAQ:FKWL), a market leader in broadband data communications, today announced it has surpassed 50,000 subscribers for its Mobile Device Management Service (MDM), a subscription-based offering that enables schools and businesses to expand remote access without significant up-front capital investment. "Reaching 50,000 subscribers is a major milestone for our subscription-based MDM service, Pintrac®," stated OC Kim, Franklin's CEO. "The MDM service is a turn-key value-added solution for carriers. "We launched the service to meet the growing demand for tools to manage the proliferation of devices in education and small bus
Franklin Wireless, a leading provider of integrated wireless solutions, announced it will do business as Franklin Access today. This change reflects our commitment to delivering network solutions for homes and businesses. At Franklin Access, we strive for customer satisfaction through innovative network solutions with our user-friendly products and services.
Dear Members of the Board, Franklin Wireless has generated cash over time, and specifically since the beginning of Covid. The cash has grown from $12.9 million in March 2020, at the beginning of the pandemic, to $33.6 million at the end of the most recent quarter, ending September 2023. However, the stock performance is basically unchanged since this period of time!Franklin Wireless has no debt and approximately $2.86 per share in cash.Shareholders should be rewarded with this cash generation – returned in the form of a special dividend and stock buyback.Sinnet Capital Partners recommends the Board of Directors take the following actions: The company pays a special dividend of $1.00 per shar
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