Dallas, Texas 01/08/2014 (FINANCIALSTRENDS) – 3M Co (NYSE:MMM), the diversified technology and services company head quartered in St Paul boasts of a market cap of $92.68 billion. It has the distinction of being tracked by both the Dow Jones Industrial index and the S&P 500 index. In the trailing 12 months, the company has managed to post sales of $30.6 billion and generated net income of $4.55 billion in the same time period. Its investors have enjoyed healthy returns of $2.54 dividend per share over the past 12 months translating into a 1.85 percent and they have seen their stock holdings go up in value by 46.67 percent.
On January 7, 3M Co (NYSE:MMM) has announced yesterday on the sidelines of 2014 International CES exhibition which is currently on at Las Vegas, a host of new solutions which cater to the needs of consumer electronics industry. Couple of the new products unveiled yesterday are detailed below.
3M Privacy Screen
The screen privacy solution for mobiles and other computing devices including desktops from 3M Co (NYSE:MMM) is expected to have a big demand among the IT security managers of corporates who have been tasked with protecting corporate data from the risk of unauthorized access on mobile devices. The new solution incorporates a patented technology called Micro-Louver which allows the mobile owner to view the contents on the screen clearly, while the peeping toms trying to view the display from other angles will only view a blank or greyed out screen. This solution is expected to provide security cover to users of tablets, smart phones, laptops, and monitors in crowded public places like airports and public terminals.
Dot Enhancement Film
The second solution that got released yesterday is a image and colour enhancement technology called 3M™ Quantum Dot Enhancement Film (QDEF). The solution is positioned as an image and colour enhancer in LCD display surfaces.