FKWL | Market Cap: $26.0M (10/12/26)
Industry:
Hardware

DESCRIPTION

Franklin Wireless designs and sells wireless connectivity hardware, primarily mobile hotspots, fixed wireless routers, and telecommunications modules. The company sells its devices mainly to wireless carriers and distributors in North America through a direct sales force, and carriers resell or bundle these devices to end subscribers. Franklin generates revenue through transactional hardware sales. The company's legacy product line consists of mobile hotspots, which create portable Wi-Fi connections via cellular networks. Due to declining demand for hotspots, Franklin is shifting its focus toward fixed wireless routers, which provide home and business internet access using cellular networks. In addition, Franklin sells telecommunications modules for machine-to-machine and internet-of-things applications through its Sigbeat joint venture. Franklin conducts product design and R&D through its subsidiary in South Korea and outsources all hardware manufacturing to a single third-party supplier in Asia.

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