3M Touch Systems, a wholly-owned subsidiary of diversified
), recently launched a new touchscreen solution to deliver
clarity and superior optical performance. The product, titled 3M
MicroTouch System SCT3210EX, will likely augment the revenues of
the Display and Graphics segment of 3M and concurrently
strengthen its position as one of the premier manufacturers of
surface capacitive touchscreen products.
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The new touchscreen solution has a pristine glass surface that
complements the high-definition interactive LCD screen graphics
to provide life-like images for popular applications such as
healthcare displays, gaming consoles, and digital signage
3M will offer the new product in various sizes ranging from 10 to
32 inches. In addition to the robust surface durability features,
the latest touchscreen solution boasts an immaculate surface
finish and is a strategic fit to 3M's Surface Capacitive product
portfolio. The product is marketed through electronics
distributors, such as All American Semiconductor, DigiKey
Electronics, Mouser Electronics and Newark Corporation.
Consistent with its long-term strategy of accelerating
investments in high-growth programs, 3M strives to deliver
sustainable increases in sales, earnings and free cash flow. The
company's ability to convert high R&D spends into up-cycle
market share gains, pricing power, and margin determines its
success over the years.
Formerly known as Minnesota Mining and Manufacturing Company, 3M
was founded in 1902 and is currently based in St. Paul,
Minnesota. The company operates as a diversified technology
enterprise with manufacturing operations across 70 countries. It
has more than 35 business units organized into six segments:
Consumer and Office; Display and Graphics; Electro and
Communications; Healthcare; Industrial and Transportation; and
Safety, Security and Protection Services.
3M presently has a Zacks Rank #4 (Sell). Other companies in the
industry that are worth mentioning include
Honeywell International Inc.
Macquarie Infrastructure Company LLC
), each carrying a Zacks Rank #2 (Buy).