Definition: Franklin Electronics Corporation was founded in 1925 by Franklin D. Roosevelt Jr. As a public company, it's headquartered in Franklin Park, NJ. The company produces a wide range of electronic products from consumer to industrial applications, including microcontrollers, power supplies, and display panels. The term "Franklin" is derived from the name of President Franklin D. Roosevelt, who served as vice president under his father, Woodrow Wilson, from 1930 to 1945. It also refers to the first American president, James Madison, who was president for only one year (1789-1797). The company's name has since evolved over time and is often associated with innovation and progress in the electronics industry. The word "Franklin Electronics" can be used as a noun, adjective or verb. In this case, it refers to Franklin D. Roosevelt Jr.'s son, who became the first president of the United States from 1933-1945. The term is also often used in conjunction with the company's name and its history.