- Broadband data communications provider, Franklin Wireless Corp FKWL, was informed regarding battery issues in some of its wireless hotspot devices.
- The company, along with its battery and device manufacturing partners and carrier customers, were working towards a possible solution.
- The company had dispatched the first consignment of the new 5G broadband router to a tier-one carrier in South Korea in January.
- FKWL has gained 428% in the last year.
- Price action: FKWL shares traded lower by 2.37% at $21.09 in the premarket session on the last check Monday.
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