Franklin Wireless unit Franklin Technology ordered to pay USD 3.67 million damages in Partron contract dispute

Reuters2026/07/31 21:01

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Franklin Wireless subsidiary Franklin Technology Inc. lost a Seoul court case filed by Partron over a device development and production contract.
The ruling ordered damages of USD 3.67 million, with 5% interest from Nov. 4, 2022 to July 16, 2026.
Post-judgment interest was set at 12% from July 17, 2026 until payment.
Franklin Technology is reviewing the written decision, with an appeal under consideration.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Franklin Wireless Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-26-005877), on July 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Franklin Wireless unit Franklin Technology ordered to pay USD 3.67 million damages in Partron contract dispute

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