SlideShare a Scribd company logo
3M Display & Graphics Business


        Optical Film Update
        Mike Kelly, Executive Vice President, Display and Graphics




                                                  Building a Sustainable Business
                                                    In Light Management Films

    September 9, 2008
1

             © 3M 2008. All Rights Reserved.   2008 3M Investor Conference
3M Display & Graphics Business
                                                                                  Commercial Graphics

      Display & Graphics Business
    Optical
    Systems
                                                 Film Mfg &
                                                 Supply Chain




                                                                                       Projection Systems
    Traffic Safety Systems




                                                                          Technology
                                                                          Pipeline
2

          © 3M 2008. All Rights Reserved.   2008 3M Investor Conference
3M Display & Graphics Business

    Optical Systems Division
       Leading global supplier of brightness enhancement
       films that transform the display of information
       anytime, anywhere
             Handheld devices
             Computer displays
             LCD TV
             Emerging applications – Ultra mobile PC,
             Automotive, Digital signs




                             “Enhancing the Way You See the World”
3

         © 3M 2008. All Rights Reserved.   2008 3M Investor Conference
3M Display & Graphics Business

    Optical Film Strategies for LCDs


                                                                         1995 – 2007
               • Brightness enhancement




                • Energy savings
                                                                         2008 – 2009
                • Uniformity improvement
                • LCD system cost reduction




                                                                           Future
                • New value films
4

         © 3M 2008. All Rights Reserved.   2008 3M Investor Conference
3M Display & Graphics Business

    Recent Changes in the LCD TV Segment

                                                              Brightness Spec
                             Brightness = 500 - 550                                   Brightness = 400 - 450
                                                              Spec Down 20%
                               95% Color Gamut                                          75% Color Gamut

                                                                  LCD Panel
      LCD Panel                                                                                                LCD Panel
                                                         Transmission Up 30%
                           DBEF          60% Brighter
           DBEF
      2x Diffuser                                                                                              3x Diffuser
    Diffuser plate                                                                                             Diffuser plate
                                                                      Lamps
                                        Lamps                                                 Lamps
           Lamps                                                                                               Lamps
                                                         Brightness Up 15-20%
                                Recent Past                                           Current as of 2008

                     Decline in DBEF demand due to:
                     •   Reduction in TV brightness specifications in order to reduce costs
                     •   Panel transmission increases
                     •   Improved bulb performance
5

              © 3M 2008. All Rights Reserved.           2008 3M Investor Conference
3M Display & Graphics Business

    Steady Improvements in LCD Performance




                                                                                          Panel
                                                                                       Transmission
                                                                                         4% – 6%




      As panel transmission increases, the need for brightness enhancement film
                                                               enhancement
      decreases. However, the need for uniformity solutions may increase.
                                                                 increase.
         Graphic illustration from Scientific American
6

         © 3M 2008. All Rights Reserved.                 2008 3M Investor Conference
3M Display & Graphics Business

But…. Our Film Value Propositions Vary by LCD Segment
        Plug-in: Monitor & TV
              Customer needs: Recent shift in priority from brightness to
              uniformity and low power
              ~1 enhancement film per display
              Value proposition has weakened over time
              Growing interest in reducing power consumption

        Battery Operated: Handheld & Notebook
              Customer needs: Sustained priority on thin, uniformity, low
              power, brightness
              2 or more enhancement films per display
              Films have substantial impact on power consumption
              Strong enhancement film value proposition
7

         © 3M 2008. All Rights Reserved.   2008 3M Investor Conference
3M Display & Graphics Business

     “Plug-in” LCDs
                                                                                        TV
                                   TV Panel Area
              70,000                                             100%
                                                                                               Industry area growth rate slowing
                                       Displaysearch             90%
              60,000
                                                                                               Lower brightness specifications
                                                                 80%
              50,000                                             70%
                                                                                               Fewer films / TV




                                                                             % Growth
    000 m^2




                                                                 60%
              40,000
                                                                 50%
                                                                                               3M competitiveness has declined
              30,000                                             40%

                                                                                               DBEF use stabilizing
                                                                 30%
              20,000
                                                                 20%
                                                                                                   Lower pricing
              10,000
                                                                 10%
                                                                                                   Energy savings impact
                 -                                               0%

                                                                                                   Uniformity
                         2007     2008     2009    2010   2011




                                                                                        Monitor
                                Monitor Panel Area
              30,000                                             50%
                                       Displaysearch             45%
                                                                                               Single digit area growth rate
              25,000
                                                                 40%
                                                                 35%
                                                                                               Intense prism film competition
              20,000
                                                                        % Growth
    000 m^2




                                                                 30%
                                                                                               3M competitiveness had declined
              15,000                                             25%
                                                                 20%
                                                                                               substantially, but has recently improved
              10,000                                             15%

                                                                                               DBEF use growing
                                                                 10%
               5,000
                                                                 5%
                                                                                                   Lower pricing
                 -                                               0%
                                                                                                   Energy savings impact
                         2007 2008         2009    2010 2011
8

                 © 3M 2008. All Rights Reserved.                 2008 3M Investor Conference
3M Display & Graphics Business

       “Battery-Operated” LCDs
                                                                                           Notebook
                                    Notebook Panel Area
                18,000                                                 50%
                                             Displaysearch
                                                                       45%
                                                                                                     Double digit area growth to continue
                16,000
                                                                       40%
                14,000
                                                                                                     LED backlight usage increased
                                                                       35%
                12,000




                                                                               % Growth
                                                                                                     significantly
                                                                       30%
    000m^2




                10,000
                                                                       25%
                                                                                                     3M has remained competitive
                 8,000
                                                                       20%
                 6,000
                                                                                                     DBEF use growing
                                                                       15%
                 4,000                                                 10%
                                                                                                         Lower pricing
                 2,000                                                 5%
                                                                                                         Improved battery life
                   -                                                   0%
                              2007      2008     2009    2010   2011

                                    Handheld Panel Area
                                                                                           Handheld
                8,000                                                  45%
                                             Displaysearch
                                                                       40%
                7,000
                                                                                                     Area growth rate slowing
                                                                       35%
                6,000
                                                                       30%
                                                                               % Growth



                                                                                                     3M has strong competitive position
                5,000
      000 m^2




                                                                       25%
                4,000
                                                                                                     DBEF use growing
                                                                       20%
                3,000
                                                                       15%
                                                                                                         BEF RP (DBEF + BEF multi-function)
                2,000                                                  10%
                                                                                                         Improved battery life
                1,000                                                  5%
                   -                                                   0%
                              2007      2008     2009    2010   2011
9

                       © 3M 2008. All Rights Reserved.                 2008 3M Investor Conference
3M Display & Graphics Business

        Enhancement Film Industry
                                                  Area                                                                     Revenue
            Market Size Sq Meters




                                                                                                 Market Size $
                                    2007   2008     2009   2010   2011                                            2007   2008   2009 2010   2011

                                                                                                                 Revenue CAGR           -9.2%
                                    Area CAGR +10.0%

     Enhancement Film Industry includes: DBEF, Prism, Micro Lens, Diffusers & Reflectors
10                                                                       3M Estimate
                  © 3M 2008. All Rights Reserved.                  2008 3M Investor Conference
11
                                                               Sales (000's USD)
                                                       Q
                                                        1
                                                       Q '01
                                                        2
                                                       Q '01
                                                        3
                                                       Q '01
                                                        4
                                                       Q '01
                                                        1
                                                       Q '02
                                                        2
                                                       Q '02
                                                        3




                                       HandHeld
                                                       Q '02




© 3M 2008. All Rights Reserved.
                                                        4
                                                       Q '02
                                                        1
                                                       Q '03
                                                        2
                                                                                                           3M Display & Graphics Business




                                                       Q '03
                                                        3
                                                       Q '03
                                                        4
                                                       Q '03
                                                        1
                                                       Q '04
                                                        2
                                                       Q '04
                                                        3
                                                                                   OSD LCD Sales History




                                                       Q '04
                                                        4
                                                       Q '04




                                       LCD Notebooks
                                                        1
                                                       Q '05
                                                        2
                                                       Q '05
                                                        3
                                                       Q '05




2008 3M Investor Conference
                                                        4
                                                       Q '05
                                                        1
                                                       Q '06
                                                        2
                                                       Q '06
                                                        3
                                                       Q '06
                                                        4
                                                       Q '06
                                                        1
                                       LCD Monitors


                                                       Q '07
                                                        2
                                                       Q '07
                                                        3
                                                       Q '07
                                                        4
                                                       Q '07
                                                        1
                                                       Q '08
                                                        2
                                                       Q '08
                                                        3
                                                       Q '08
                                       LCD TV




                                                        4
                                                       Q '08
                                                        1
                                                       Q '09
                                                        2
                                                       Q '09
                                                        3
                                                       Q '09
                                                        4'
                                                          09
3M Display & Graphics Business

     Optical Film Strategies for LCDs


                                                                          1995 – 2007
                • Brightness enhancement




                • Energy savings
                                                                          2008 – 2009
                • Uniformity improvement
                • LCD system cost reduction




                                                                            Future
                 • New value films
12

          © 3M 2008. All Rights Reserved.   2008 3M Investor Conference
3M Display & Graphics Business
     Vikuiti™ DBEF TV Energy Savings




                                                                                           Removed
                                                                                           8 CCFLs



               40” Common LCD-TV                                   40” Ultra Low Power LCD-TV
               Brightness: 350 nits                                Brightness: 350 nits
               Without DBEF                                        With DBEF
               20 CCFLs                                            12 CCFLs
               Power: 195 Watts                                     Power: 92 Watts
                       Retail Proposition: Reduced energy consumption + GREEN
                 Consumer Proposition: Energy Savings of approximately $100 over 5 years
                     Energy savings initiatives create the need for uniformity solutions
13

          © 3M 2008. All Rights Reserved.    2008 3M Investor Conference
3M Display & Graphics Business

     Second Half 2008 Industry Outlook

        LCD Industry
              Q3 volume will be ~10% lower than earlier expectations
              Q4 volume close to earlier expectations unless economy worsens

        Enhancement Film Industry
              Stable industry prism film use at lower prices
              Trend toward energy savings and LED use drive slightly higher
              DBEF use, and we expect this trend to continue




14

          © 3M 2008. All Rights Reserved.   2008 3M Investor Conference
3M Display & Graphics Business

     2008 Actions

       Organization restructure
            New leadership team
            Business leadership moved to Asia – closer to the customer
            Strengthened key account management


       Differentiated products that are relevant to customers


       Cost down focus and operational optimization
15

          © 3M 2008. All Rights Reserved.   2008 3M Investor Conference
3M Display & Graphics Business

     Optical Film Strategies for LCDs
                                                                           1995 – 2007
      • Brightness enhancement




      • Energy savings
                                                                           2008 – 2009
      • Uniformity improvement
      • LCD system cost reduction



                                                            Adjacencies                3M Products
                                                              LED backlight components Air Guide, Film Light Guide
                                                                         Future Privacy Filters
      • New value films                                       Computer filters
                                                              Other optical films      Front Surface Films


      Expansion into adjacencies doubles market opportunity size
16

           © 3M 2008. All Rights Reserved.   2008 3M Investor Conference
3M Display & Graphics Business

     Thank You




17

          © 3M 2008. All Rights Reserved.   2008 3M Investor Conference

More Related Content

What's hot

Juxt Consult Brand Scorecard Offline Category Snapshot
Juxt Consult Brand Scorecard Offline Category SnapshotJuxt Consult Brand Scorecard Offline Category Snapshot
Juxt Consult Brand Scorecard Offline Category Snapshot
JuxtConsult
 
Towards Semantic Interoperability of Graphical DSMLs for Telecommunications S...
Towards Semantic Interoperability of Graphical DSMLs for Telecommunications S...Towards Semantic Interoperability of Graphical DSMLs for Telecommunications S...
Towards Semantic Interoperability of Graphical DSMLs for Telecommunications S...
Vanea Chiprianov
 
Conneu 2011-multiscreen tv
Conneu 2011-multiscreen tvConneu 2011-multiscreen tv
Conneu 2011-multiscreen tvRob Blaauboer
 
Nsf online lecture 4 distribution channels
Nsf online lecture 4 distribution channelsNsf online lecture 4 distribution channels
Nsf online lecture 4 distribution channelsStanford University
 
ledia group company presentation
ledia group company presentationledia group company presentation
ledia group company presentation
ledia group
 
UVU Design as Business Tool
UVU Design as Business ToolUVU Design as Business Tool
UVU Design as Business Tool
modern8
 
Net vanta uc product overview presentation
Net vanta uc product overview presentationNet vanta uc product overview presentation
Net vanta uc product overview presentation
buzpbx.com, The Phone System Experts"
 
Vsil Is Power And Utility Process Design In Sap Aditi Interra It
Vsil   Is Power And Utility Process Design In Sap  Aditi Interra ItVsil   Is Power And Utility Process Design In Sap  Aditi Interra It
Vsil Is Power And Utility Process Design In Sap Aditi Interra It
Aditi Tarafdar
 
Powerblocks E245 final presentation
Powerblocks E245 final presentationPowerblocks E245 final presentation
Powerblocks E245 final presentationStanford University
 
Avnet Analyst Day 2010 Presentation 5 Electronics Marketing
Avnet Analyst Day 2010 Presentation 5 Electronics MarketingAvnet Analyst Day 2010 Presentation 5 Electronics Marketing
Avnet Analyst Day 2010 Presentation 5 Electronics MarketingAvnet Electronics Marketing
 
vertical-integration-in-mass-media-industries
vertical-integration-in-mass-media-industriesvertical-integration-in-mass-media-industries
vertical-integration-in-mass-media-industriesBelinda Raji
 

What's hot (14)

Juxt Consult Brand Scorecard Offline Category Snapshot
Juxt Consult Brand Scorecard Offline Category SnapshotJuxt Consult Brand Scorecard Offline Category Snapshot
Juxt Consult Brand Scorecard Offline Category Snapshot
 
Towards Semantic Interoperability of Graphical DSMLs for Telecommunications S...
Towards Semantic Interoperability of Graphical DSMLs for Telecommunications S...Towards Semantic Interoperability of Graphical DSMLs for Telecommunications S...
Towards Semantic Interoperability of Graphical DSMLs for Telecommunications S...
 
Conneu 2011-multiscreen tv
Conneu 2011-multiscreen tvConneu 2011-multiscreen tv
Conneu 2011-multiscreen tv
 
Reliability or risk final
Reliability or risk finalReliability or risk final
Reliability or risk final
 
Nsf online lecture 4 distribution channels
Nsf online lecture 4 distribution channelsNsf online lecture 4 distribution channels
Nsf online lecture 4 distribution channels
 
ledia group company presentation
ledia group company presentationledia group company presentation
ledia group company presentation
 
UVU Design as Business Tool
UVU Design as Business ToolUVU Design as Business Tool
UVU Design as Business Tool
 
Net vanta uc product overview presentation
Net vanta uc product overview presentationNet vanta uc product overview presentation
Net vanta uc product overview presentation
 
VF 360 Shop Image Style Guide
VF 360 Shop Image Style GuideVF 360 Shop Image Style Guide
VF 360 Shop Image Style Guide
 
Vsil Is Power And Utility Process Design In Sap Aditi Interra It
Vsil   Is Power And Utility Process Design In Sap  Aditi Interra ItVsil   Is Power And Utility Process Design In Sap  Aditi Interra It
Vsil Is Power And Utility Process Design In Sap Aditi Interra It
 
Powerblocks E245 final presentation
Powerblocks E245 final presentationPowerblocks E245 final presentation
Powerblocks E245 final presentation
 
Ptp100 ds 041812
Ptp100 ds 041812Ptp100 ds 041812
Ptp100 ds 041812
 
Avnet Analyst Day 2010 Presentation 5 Electronics Marketing
Avnet Analyst Day 2010 Presentation 5 Electronics MarketingAvnet Analyst Day 2010 Presentation 5 Electronics Marketing
Avnet Analyst Day 2010 Presentation 5 Electronics Marketing
 
vertical-integration-in-mass-media-industries
vertical-integration-in-mass-media-industriesvertical-integration-in-mass-media-industries
vertical-integration-in-mass-media-industries
 

Similar to Mike Kelly Presentation

Concepto LG Ez Sign TV LED
Concepto LG Ez Sign TV LEDConcepto LG Ez Sign TV LED
Concepto LG Ez Sign TV LED
LG Electronics Chile
 
Ran Oz Big Band
Ran Oz   Big BandRan Oz   Big Band
Ran Oz Big Band
MIT Forum of Israel
 
Comcast Corporation at UBS Global Media and Communications Conference
Comcast Corporation at UBS Global Media and Communications ConferenceComcast Corporation at UBS Global Media and Communications Conference
Comcast Corporation at UBS Global Media and Communications Conferencefinance8
 
Steve Webster Presentation
Steve Webster PresentationSteve Webster Presentation
Steve Webster Presentationfinance10
 
Expo Canitec 2010, Shift Happens, Cisco
Expo Canitec 2010, Shift Happens, CiscoExpo Canitec 2010, Shift Happens, Cisco
Expo Canitec 2010, Shift Happens, Cisco
Expo Canitec
 
MiniLED for Display Applications: LCD and Digital Signage report by Yole Déve...
MiniLED for Display Applications: LCD and Digital Signage report by Yole Déve...MiniLED for Display Applications: LCD and Digital Signage report by Yole Déve...
MiniLED for Display Applications: LCD and Digital Signage report by Yole Déve...
Yole Developpement
 
Robotics Division Overview Presentation
Robotics Division Overview PresentationRobotics Division Overview Presentation
Robotics Division Overview Presentation
hunter7504
 
Effects of Consumer Drivers on Mixed Signal IP Business
Effects of Consumer Drivers on Mixed Signal IP BusinessEffects of Consumer Drivers on Mixed Signal IP Business
Effects of Consumer Drivers on Mixed Signal IP Business
S3
 
James B. Stake Executive Vice President, Display and Graphics Business
James B. Stake Executive Vice President, Display and Graphics BusinessJames B. Stake Executive Vice President, Display and Graphics Business
James B. Stake Executive Vice President, Display and Graphics Businessfinance10
 
Javeds Proteligent Sales And Marketing Plan2
Javeds Proteligent Sales And Marketing Plan2Javeds Proteligent Sales And Marketing Plan2
Javeds Proteligent Sales And Marketing Plan2
Pyramid Connections
 
DCM CAMERAS VIA STARIN
DCM CAMERAS VIA STARINDCM CAMERAS VIA STARIN
DCM CAMERAS VIA STARINKayla McClain
 
高解析發展趨勢下之面板零組件產業生態解析與展望 (Sample)
高解析發展趨勢下之面板零組件產業生態解析與展望 (Sample)高解析發展趨勢下之面板零組件產業生態解析與展望 (Sample)
高解析發展趨勢下之面板零組件產業生態解析與展望 (Sample)kdxtw
 
Q1 2009 Earning Report of Chartered Semiconductor
Q1 2009 Earning Report of Chartered SemiconductorQ1 2009 Earning Report of Chartered Semiconductor
Q1 2009 Earning Report of Chartered Semiconductorearningreport earningreport
 
Akamai -- Analysis and Recommendation
Akamai -- Analysis and RecommendationAkamai -- Analysis and Recommendation
Akamai -- Analysis and RecommendationRoss Andrew Simons
 
2008 macro technological trends - thierry perronnet ok
2008   macro technological trends - thierry perronnet ok2008   macro technological trends - thierry perronnet ok
2008 macro technological trends - thierry perronnet okThierry Perronnet
 
Panasonic HD Video Conferencing
Panasonic HD Video ConferencingPanasonic HD Video Conferencing
Panasonic HD Video Conferencing
Nilesh Shah
 

Similar to Mike Kelly Presentation (20)

Concepto LG Ez Sign TV LED
Concepto LG Ez Sign TV LEDConcepto LG Ez Sign TV LED
Concepto LG Ez Sign TV LED
 
Ran Oz Big Band
Ran Oz   Big BandRan Oz   Big Band
Ran Oz Big Band
 
Display Search LED 2008
Display Search LED 2008Display Search LED 2008
Display Search LED 2008
 
Digitalview
DigitalviewDigitalview
Digitalview
 
Comcast Corporation at UBS Global Media and Communications Conference
Comcast Corporation at UBS Global Media and Communications ConferenceComcast Corporation at UBS Global Media and Communications Conference
Comcast Corporation at UBS Global Media and Communications Conference
 
Steve Webster Presentation
Steve Webster PresentationSteve Webster Presentation
Steve Webster Presentation
 
Expo Canitec 2010, Shift Happens, Cisco
Expo Canitec 2010, Shift Happens, CiscoExpo Canitec 2010, Shift Happens, Cisco
Expo Canitec 2010, Shift Happens, Cisco
 
MiniLED for Display Applications: LCD and Digital Signage report by Yole Déve...
MiniLED for Display Applications: LCD and Digital Signage report by Yole Déve...MiniLED for Display Applications: LCD and Digital Signage report by Yole Déve...
MiniLED for Display Applications: LCD and Digital Signage report by Yole Déve...
 
Robotics Division Overview Presentation
Robotics Division Overview PresentationRobotics Division Overview Presentation
Robotics Division Overview Presentation
 
Effects of Consumer Drivers on Mixed Signal IP Business
Effects of Consumer Drivers on Mixed Signal IP BusinessEffects of Consumer Drivers on Mixed Signal IP Business
Effects of Consumer Drivers on Mixed Signal IP Business
 
POLYCOM
POLYCOMPOLYCOM
POLYCOM
 
James B. Stake Executive Vice President, Display and Graphics Business
James B. Stake Executive Vice President, Display and Graphics BusinessJames B. Stake Executive Vice President, Display and Graphics Business
James B. Stake Executive Vice President, Display and Graphics Business
 
Javeds Proteligent Sales And Marketing Plan2
Javeds Proteligent Sales And Marketing Plan2Javeds Proteligent Sales And Marketing Plan2
Javeds Proteligent Sales And Marketing Plan2
 
DCM CAMERAS VIA STARIN
DCM CAMERAS VIA STARINDCM CAMERAS VIA STARIN
DCM CAMERAS VIA STARIN
 
The Benefits of Led-Lcd
The Benefits of Led-LcdThe Benefits of Led-Lcd
The Benefits of Led-Lcd
 
高解析發展趨勢下之面板零組件產業生態解析與展望 (Sample)
高解析發展趨勢下之面板零組件產業生態解析與展望 (Sample)高解析發展趨勢下之面板零組件產業生態解析與展望 (Sample)
高解析發展趨勢下之面板零組件產業生態解析與展望 (Sample)
 
Q1 2009 Earning Report of Chartered Semiconductor
Q1 2009 Earning Report of Chartered SemiconductorQ1 2009 Earning Report of Chartered Semiconductor
Q1 2009 Earning Report of Chartered Semiconductor
 
Akamai -- Analysis and Recommendation
Akamai -- Analysis and RecommendationAkamai -- Analysis and Recommendation
Akamai -- Analysis and Recommendation
 
2008 macro technological trends - thierry perronnet ok
2008   macro technological trends - thierry perronnet ok2008   macro technological trends - thierry perronnet ok
2008 macro technological trends - thierry perronnet ok
 
Panasonic HD Video Conferencing
Panasonic HD Video ConferencingPanasonic HD Video Conferencing
Panasonic HD Video Conferencing
 

More from finance10

Morgan Stanley Basic Materials Conference
	Morgan Stanley Basic Materials Conference	Morgan Stanley Basic Materials Conference
Morgan Stanley Basic Materials Conferencefinance10
 
Morgan Stanley Basic Materials Conference
	Morgan Stanley Basic Materials Conference	Morgan Stanley Basic Materials Conference
Morgan Stanley Basic Materials Conferencefinance10
 
Citigroup 19th Annual Global Industrial Manufacturing Conference
Citigroup 19th Annual Global Industrial Manufacturing ConferenceCitigroup 19th Annual Global Industrial Manufacturing Conference
Citigroup 19th Annual Global Industrial Manufacturing Conferencefinance10
 
Patrick D. Campbell Senior Vice President and Chief Financial Officer
 	Patrick D. Campbell Senior Vice President and Chief Financial Officer 	Patrick D. Campbell Senior Vice President and Chief Financial Officer
Patrick D. Campbell Senior Vice President and Chief Financial Officerfinance10
 
Inge G. Thulin Executive Vice President, International Operations
Inge G. Thulin Executive Vice President, International OperationsInge G. Thulin Executive Vice President, International Operations
Inge G. Thulin Executive Vice President, International Operationsfinance10
 
oe E. Harlan Executive Vice President, Electro and Communications Business
oe E. Harlan Executive Vice President, Electro and Communications Businessoe E. Harlan Executive Vice President, Electro and Communications Business
oe E. Harlan Executive Vice President, Electro and Communications Businessfinance10
 
rad T. Sauer Executive Vice President, Health Care Business
rad T. Sauer Executive Vice President, Health Care Businessrad T. Sauer Executive Vice President, Health Care Business
rad T. Sauer Executive Vice President, Health Care Businessfinance10
 
ean Lobey Executive Vice President, Safety, Security and Protection Service B...
ean Lobey Executive Vice President, Safety, Security and Protection Service B...ean Lobey Executive Vice President, Safety, Security and Protection Service B...
ean Lobey Executive Vice President, Safety, Security and Protection Service B...finance10
 
Moe S. Nozari Executive Vice President, Consumer and Office Business
 	Moe S. Nozari Executive Vice President, Consumer and Office Business 	Moe S. Nozari Executive Vice President, Consumer and Office Business
Moe S. Nozari Executive Vice President, Consumer and Office Businessfinance10
 
H.C. Shin Executive Vice President, Industrial and Transportation Business
H.C. Shin Executive Vice President, Industrial and Transportation BusinessH.C. Shin Executive Vice President, Industrial and Transportation Business
H.C. Shin Executive Vice President, Industrial and Transportation Businessfinance10
 
George W. Buckley Chairman, President and Chief Executive Officer
George W. Buckley Chairman, President and Chief Executive OfficerGeorge W. Buckley Chairman, President and Chief Executive Officer
George W. Buckley Chairman, President and Chief Executive Officerfinance10
 
UBS Best of Americas
	UBS Best of Americas	UBS Best of Americas
UBS Best of Americasfinance10
 
6 Prudential's "Inside Our Best Ideas" Conference
6	Prudential's "Inside Our Best Ideas" Conference6	Prudential's "Inside Our Best Ideas" Conference
6 Prudential's "Inside Our Best Ideas" Conferencefinance10
 
Goldman Sach's Conference
Goldman Sach's ConferenceGoldman Sach's Conference
Goldman Sach's Conferencefinance10
 
Lehman Brothers 2007 Industrial Select Conference
	Lehman Brothers 2007 Industrial Select Conference	Lehman Brothers 2007 Industrial Select Conference
Lehman Brothers 2007 Industrial Select Conferencefinance10
 
PMorgan Basics & Industrials Conference
PMorgan Basics & Industrials ConferencePMorgan Basics & Industrials Conference
PMorgan Basics & Industrials Conferencefinance10
 
Morgan Stanley Global Industrials CEOs Unplugged Conference
	Morgan Stanley Global Industrials CEOs Unplugged Conference	Morgan Stanley Global Industrials CEOs Unplugged Conference
Morgan Stanley Global Industrials CEOs Unplugged Conferencefinance10
 
Credit Suisse 16th Annual Chemical Conference
	Credit Suisse 16th Annual Chemical Conference 	Credit Suisse 16th Annual Chemical Conference
Credit Suisse 16th Annual Chemical Conference finance10
 
Jean Lobey, Executive Vice President, Safety, Security and Protection Services
Jean Lobey, Executive Vice President, Safety, Security and Protection ServicesJean Lobey, Executive Vice President, Safety, Security and Protection Services
Jean Lobey, Executive Vice President, Safety, Security and Protection Servicesfinance10
 
Brad T. Sauer, Executive Vice President, Health Care
Brad T. Sauer, Executive Vice President, Health CareBrad T. Sauer, Executive Vice President, Health Care
Brad T. Sauer, Executive Vice President, Health Carefinance10
 

More from finance10 (20)

Morgan Stanley Basic Materials Conference
	Morgan Stanley Basic Materials Conference	Morgan Stanley Basic Materials Conference
Morgan Stanley Basic Materials Conference
 
Morgan Stanley Basic Materials Conference
	Morgan Stanley Basic Materials Conference	Morgan Stanley Basic Materials Conference
Morgan Stanley Basic Materials Conference
 
Citigroup 19th Annual Global Industrial Manufacturing Conference
Citigroup 19th Annual Global Industrial Manufacturing ConferenceCitigroup 19th Annual Global Industrial Manufacturing Conference
Citigroup 19th Annual Global Industrial Manufacturing Conference
 
Patrick D. Campbell Senior Vice President and Chief Financial Officer
 	Patrick D. Campbell Senior Vice President and Chief Financial Officer 	Patrick D. Campbell Senior Vice President and Chief Financial Officer
Patrick D. Campbell Senior Vice President and Chief Financial Officer
 
Inge G. Thulin Executive Vice President, International Operations
Inge G. Thulin Executive Vice President, International OperationsInge G. Thulin Executive Vice President, International Operations
Inge G. Thulin Executive Vice President, International Operations
 
oe E. Harlan Executive Vice President, Electro and Communications Business
oe E. Harlan Executive Vice President, Electro and Communications Businessoe E. Harlan Executive Vice President, Electro and Communications Business
oe E. Harlan Executive Vice President, Electro and Communications Business
 
rad T. Sauer Executive Vice President, Health Care Business
rad T. Sauer Executive Vice President, Health Care Businessrad T. Sauer Executive Vice President, Health Care Business
rad T. Sauer Executive Vice President, Health Care Business
 
ean Lobey Executive Vice President, Safety, Security and Protection Service B...
ean Lobey Executive Vice President, Safety, Security and Protection Service B...ean Lobey Executive Vice President, Safety, Security and Protection Service B...
ean Lobey Executive Vice President, Safety, Security and Protection Service B...
 
Moe S. Nozari Executive Vice President, Consumer and Office Business
 	Moe S. Nozari Executive Vice President, Consumer and Office Business 	Moe S. Nozari Executive Vice President, Consumer and Office Business
Moe S. Nozari Executive Vice President, Consumer and Office Business
 
H.C. Shin Executive Vice President, Industrial and Transportation Business
H.C. Shin Executive Vice President, Industrial and Transportation BusinessH.C. Shin Executive Vice President, Industrial and Transportation Business
H.C. Shin Executive Vice President, Industrial and Transportation Business
 
George W. Buckley Chairman, President and Chief Executive Officer
George W. Buckley Chairman, President and Chief Executive OfficerGeorge W. Buckley Chairman, President and Chief Executive Officer
George W. Buckley Chairman, President and Chief Executive Officer
 
UBS Best of Americas
	UBS Best of Americas	UBS Best of Americas
UBS Best of Americas
 
6 Prudential's "Inside Our Best Ideas" Conference
6	Prudential's "Inside Our Best Ideas" Conference6	Prudential's "Inside Our Best Ideas" Conference
6 Prudential's "Inside Our Best Ideas" Conference
 
Goldman Sach's Conference
Goldman Sach's ConferenceGoldman Sach's Conference
Goldman Sach's Conference
 
Lehman Brothers 2007 Industrial Select Conference
	Lehman Brothers 2007 Industrial Select Conference	Lehman Brothers 2007 Industrial Select Conference
Lehman Brothers 2007 Industrial Select Conference
 
PMorgan Basics & Industrials Conference
PMorgan Basics & Industrials ConferencePMorgan Basics & Industrials Conference
PMorgan Basics & Industrials Conference
 
Morgan Stanley Global Industrials CEOs Unplugged Conference
	Morgan Stanley Global Industrials CEOs Unplugged Conference	Morgan Stanley Global Industrials CEOs Unplugged Conference
Morgan Stanley Global Industrials CEOs Unplugged Conference
 
Credit Suisse 16th Annual Chemical Conference
	Credit Suisse 16th Annual Chemical Conference 	Credit Suisse 16th Annual Chemical Conference
Credit Suisse 16th Annual Chemical Conference
 
Jean Lobey, Executive Vice President, Safety, Security and Protection Services
Jean Lobey, Executive Vice President, Safety, Security and Protection ServicesJean Lobey, Executive Vice President, Safety, Security and Protection Services
Jean Lobey, Executive Vice President, Safety, Security and Protection Services
 
Brad T. Sauer, Executive Vice President, Health Care
Brad T. Sauer, Executive Vice President, Health CareBrad T. Sauer, Executive Vice President, Health Care
Brad T. Sauer, Executive Vice President, Health Care
 

Recently uploaded

Intro_Economics_ GPresentation Week 4.pptx
Intro_Economics_ GPresentation Week 4.pptxIntro_Economics_ GPresentation Week 4.pptx
Intro_Economics_ GPresentation Week 4.pptx
shetivia
 
APP I Lecture Notes to students 0f 4the year
APP I  Lecture Notes  to students 0f 4the yearAPP I  Lecture Notes  to students 0f 4the year
APP I Lecture Notes to students 0f 4the year
telilaalilemlem
 
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...
beulahfernandes8
 
what is a pi whale and how to access one.
what is a pi whale and how to access one.what is a pi whale and how to access one.
what is a pi whale and how to access one.
DOT TECH
 
how to sell pi coins on Bitmart crypto exchange
how to sell pi coins on Bitmart crypto exchangehow to sell pi coins on Bitmart crypto exchange
how to sell pi coins on Bitmart crypto exchange
DOT TECH
 
how to sell pi coins in South Korea profitably.
how to sell pi coins in South Korea profitably.how to sell pi coins in South Korea profitably.
how to sell pi coins in South Korea profitably.
DOT TECH
 
Scope Of Macroeconomics introduction and basic theories
Scope Of Macroeconomics introduction and basic theoriesScope Of Macroeconomics introduction and basic theories
Scope Of Macroeconomics introduction and basic theories
nomankalyar153
 
how to sell pi coins in all Africa Countries.
how to sell pi coins in all Africa Countries.how to sell pi coins in all Africa Countries.
how to sell pi coins in all Africa Countries.
DOT TECH
 
Chương 6. Ancol - phenol - ether (1).pdf
Chương 6. Ancol - phenol - ether (1).pdfChương 6. Ancol - phenol - ether (1).pdf
Chương 6. Ancol - phenol - ether (1).pdf
va2132004
 
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...
Turin Startup Ecosystem 2024  - Ricerca sulle Startup e il Sistema dell'Innov...Turin Startup Ecosystem 2024  - Ricerca sulle Startup e il Sistema dell'Innov...
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...
Quotidiano Piemontese
 
Isios-2024-Professional-Independent-Trustee-Survey.pdf
Isios-2024-Professional-Independent-Trustee-Survey.pdfIsios-2024-Professional-Independent-Trustee-Survey.pdf
Isios-2024-Professional-Independent-Trustee-Survey.pdf
Henry Tapper
 
where can I find a legit pi merchant online
where can I find a legit pi merchant onlinewhere can I find a legit pi merchant online
where can I find a legit pi merchant online
DOT TECH
 
The WhatsPump Pseudonym Problem and the Hilarious Downfall of Artificial Enga...
The WhatsPump Pseudonym Problem and the Hilarious Downfall of Artificial Enga...The WhatsPump Pseudonym Problem and the Hilarious Downfall of Artificial Enga...
The WhatsPump Pseudonym Problem and the Hilarious Downfall of Artificial Enga...
muslimdavidovich670
 
what is the future of Pi Network currency.
what is the future of Pi Network currency.what is the future of Pi Network currency.
what is the future of Pi Network currency.
DOT TECH
 
innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...
innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...
innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...
Falcon Invoice Discounting
 
BYD SWOT Analysis and In-Depth Insights 2024.pptx
BYD SWOT Analysis and In-Depth Insights 2024.pptxBYD SWOT Analysis and In-Depth Insights 2024.pptx
BYD SWOT Analysis and In-Depth Insights 2024.pptx
mikemetalprod
 
how to swap pi coins to foreign currency withdrawable.
how to swap pi coins to foreign currency withdrawable.how to swap pi coins to foreign currency withdrawable.
how to swap pi coins to foreign currency withdrawable.
DOT TECH
 
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...
Vighnesh Shashtri
 
Summary of financial results for 1Q2024
Summary of financial  results for 1Q2024Summary of financial  results for 1Q2024
Summary of financial results for 1Q2024
InterCars
 
how can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYChow can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYC
DOT TECH
 

Recently uploaded (20)

Intro_Economics_ GPresentation Week 4.pptx
Intro_Economics_ GPresentation Week 4.pptxIntro_Economics_ GPresentation Week 4.pptx
Intro_Economics_ GPresentation Week 4.pptx
 
APP I Lecture Notes to students 0f 4the year
APP I  Lecture Notes  to students 0f 4the yearAPP I  Lecture Notes  to students 0f 4the year
APP I Lecture Notes to students 0f 4the year
 
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...
 
what is a pi whale and how to access one.
what is a pi whale and how to access one.what is a pi whale and how to access one.
what is a pi whale and how to access one.
 
how to sell pi coins on Bitmart crypto exchange
how to sell pi coins on Bitmart crypto exchangehow to sell pi coins on Bitmart crypto exchange
how to sell pi coins on Bitmart crypto exchange
 
how to sell pi coins in South Korea profitably.
how to sell pi coins in South Korea profitably.how to sell pi coins in South Korea profitably.
how to sell pi coins in South Korea profitably.
 
Scope Of Macroeconomics introduction and basic theories
Scope Of Macroeconomics introduction and basic theoriesScope Of Macroeconomics introduction and basic theories
Scope Of Macroeconomics introduction and basic theories
 
how to sell pi coins in all Africa Countries.
how to sell pi coins in all Africa Countries.how to sell pi coins in all Africa Countries.
how to sell pi coins in all Africa Countries.
 
Chương 6. Ancol - phenol - ether (1).pdf
Chương 6. Ancol - phenol - ether (1).pdfChương 6. Ancol - phenol - ether (1).pdf
Chương 6. Ancol - phenol - ether (1).pdf
 
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...
Turin Startup Ecosystem 2024  - Ricerca sulle Startup e il Sistema dell'Innov...Turin Startup Ecosystem 2024  - Ricerca sulle Startup e il Sistema dell'Innov...
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...
 
Isios-2024-Professional-Independent-Trustee-Survey.pdf
Isios-2024-Professional-Independent-Trustee-Survey.pdfIsios-2024-Professional-Independent-Trustee-Survey.pdf
Isios-2024-Professional-Independent-Trustee-Survey.pdf
 
where can I find a legit pi merchant online
where can I find a legit pi merchant onlinewhere can I find a legit pi merchant online
where can I find a legit pi merchant online
 
The WhatsPump Pseudonym Problem and the Hilarious Downfall of Artificial Enga...
The WhatsPump Pseudonym Problem and the Hilarious Downfall of Artificial Enga...The WhatsPump Pseudonym Problem and the Hilarious Downfall of Artificial Enga...
The WhatsPump Pseudonym Problem and the Hilarious Downfall of Artificial Enga...
 
what is the future of Pi Network currency.
what is the future of Pi Network currency.what is the future of Pi Network currency.
what is the future of Pi Network currency.
 
innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...
innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...
innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...
 
BYD SWOT Analysis and In-Depth Insights 2024.pptx
BYD SWOT Analysis and In-Depth Insights 2024.pptxBYD SWOT Analysis and In-Depth Insights 2024.pptx
BYD SWOT Analysis and In-Depth Insights 2024.pptx
 
how to swap pi coins to foreign currency withdrawable.
how to swap pi coins to foreign currency withdrawable.how to swap pi coins to foreign currency withdrawable.
how to swap pi coins to foreign currency withdrawable.
 
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...
 
Summary of financial results for 1Q2024
Summary of financial  results for 1Q2024Summary of financial  results for 1Q2024
Summary of financial results for 1Q2024
 
how can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYChow can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYC
 

Mike Kelly Presentation

  • 1. 3M Display & Graphics Business Optical Film Update Mike Kelly, Executive Vice President, Display and Graphics Building a Sustainable Business In Light Management Films September 9, 2008 1 © 3M 2008. All Rights Reserved. 2008 3M Investor Conference
  • 2. 3M Display & Graphics Business Commercial Graphics Display & Graphics Business Optical Systems Film Mfg & Supply Chain Projection Systems Traffic Safety Systems Technology Pipeline 2 © 3M 2008. All Rights Reserved. 2008 3M Investor Conference
  • 3. 3M Display & Graphics Business Optical Systems Division Leading global supplier of brightness enhancement films that transform the display of information anytime, anywhere Handheld devices Computer displays LCD TV Emerging applications – Ultra mobile PC, Automotive, Digital signs “Enhancing the Way You See the World” 3 © 3M 2008. All Rights Reserved. 2008 3M Investor Conference
  • 4. 3M Display & Graphics Business Optical Film Strategies for LCDs 1995 – 2007 • Brightness enhancement • Energy savings 2008 – 2009 • Uniformity improvement • LCD system cost reduction Future • New value films 4 © 3M 2008. All Rights Reserved. 2008 3M Investor Conference
  • 5. 3M Display & Graphics Business Recent Changes in the LCD TV Segment Brightness Spec Brightness = 500 - 550 Brightness = 400 - 450 Spec Down 20% 95% Color Gamut 75% Color Gamut LCD Panel LCD Panel LCD Panel Transmission Up 30% DBEF 60% Brighter DBEF 2x Diffuser 3x Diffuser Diffuser plate Diffuser plate Lamps Lamps Lamps Lamps Lamps Brightness Up 15-20% Recent Past Current as of 2008 Decline in DBEF demand due to: • Reduction in TV brightness specifications in order to reduce costs • Panel transmission increases • Improved bulb performance 5 © 3M 2008. All Rights Reserved. 2008 3M Investor Conference
  • 6. 3M Display & Graphics Business Steady Improvements in LCD Performance Panel Transmission 4% – 6% As panel transmission increases, the need for brightness enhancement film enhancement decreases. However, the need for uniformity solutions may increase. increase. Graphic illustration from Scientific American 6 © 3M 2008. All Rights Reserved. 2008 3M Investor Conference
  • 7. 3M Display & Graphics Business But…. Our Film Value Propositions Vary by LCD Segment Plug-in: Monitor & TV Customer needs: Recent shift in priority from brightness to uniformity and low power ~1 enhancement film per display Value proposition has weakened over time Growing interest in reducing power consumption Battery Operated: Handheld & Notebook Customer needs: Sustained priority on thin, uniformity, low power, brightness 2 or more enhancement films per display Films have substantial impact on power consumption Strong enhancement film value proposition 7 © 3M 2008. All Rights Reserved. 2008 3M Investor Conference
  • 8. 3M Display & Graphics Business “Plug-in” LCDs TV TV Panel Area 70,000 100% Industry area growth rate slowing Displaysearch 90% 60,000 Lower brightness specifications 80% 50,000 70% Fewer films / TV % Growth 000 m^2 60% 40,000 50% 3M competitiveness has declined 30,000 40% DBEF use stabilizing 30% 20,000 20% Lower pricing 10,000 10% Energy savings impact - 0% Uniformity 2007 2008 2009 2010 2011 Monitor Monitor Panel Area 30,000 50% Displaysearch 45% Single digit area growth rate 25,000 40% 35% Intense prism film competition 20,000 % Growth 000 m^2 30% 3M competitiveness had declined 15,000 25% 20% substantially, but has recently improved 10,000 15% DBEF use growing 10% 5,000 5% Lower pricing - 0% Energy savings impact 2007 2008 2009 2010 2011 8 © 3M 2008. All Rights Reserved. 2008 3M Investor Conference
  • 9. 3M Display & Graphics Business “Battery-Operated” LCDs Notebook Notebook Panel Area 18,000 50% Displaysearch 45% Double digit area growth to continue 16,000 40% 14,000 LED backlight usage increased 35% 12,000 % Growth significantly 30% 000m^2 10,000 25% 3M has remained competitive 8,000 20% 6,000 DBEF use growing 15% 4,000 10% Lower pricing 2,000 5% Improved battery life - 0% 2007 2008 2009 2010 2011 Handheld Panel Area Handheld 8,000 45% Displaysearch 40% 7,000 Area growth rate slowing 35% 6,000 30% % Growth 3M has strong competitive position 5,000 000 m^2 25% 4,000 DBEF use growing 20% 3,000 15% BEF RP (DBEF + BEF multi-function) 2,000 10% Improved battery life 1,000 5% - 0% 2007 2008 2009 2010 2011 9 © 3M 2008. All Rights Reserved. 2008 3M Investor Conference
  • 10. 3M Display & Graphics Business Enhancement Film Industry Area Revenue Market Size Sq Meters Market Size $ 2007 2008 2009 2010 2011 2007 2008 2009 2010 2011 Revenue CAGR -9.2% Area CAGR +10.0% Enhancement Film Industry includes: DBEF, Prism, Micro Lens, Diffusers & Reflectors 10 3M Estimate © 3M 2008. All Rights Reserved. 2008 3M Investor Conference
  • 11. 11 Sales (000's USD) Q 1 Q '01 2 Q '01 3 Q '01 4 Q '01 1 Q '02 2 Q '02 3 HandHeld Q '02 © 3M 2008. All Rights Reserved. 4 Q '02 1 Q '03 2 3M Display & Graphics Business Q '03 3 Q '03 4 Q '03 1 Q '04 2 Q '04 3 OSD LCD Sales History Q '04 4 Q '04 LCD Notebooks 1 Q '05 2 Q '05 3 Q '05 2008 3M Investor Conference 4 Q '05 1 Q '06 2 Q '06 3 Q '06 4 Q '06 1 LCD Monitors Q '07 2 Q '07 3 Q '07 4 Q '07 1 Q '08 2 Q '08 3 Q '08 LCD TV 4 Q '08 1 Q '09 2 Q '09 3 Q '09 4' 09
  • 12. 3M Display & Graphics Business Optical Film Strategies for LCDs 1995 – 2007 • Brightness enhancement • Energy savings 2008 – 2009 • Uniformity improvement • LCD system cost reduction Future • New value films 12 © 3M 2008. All Rights Reserved. 2008 3M Investor Conference
  • 13. 3M Display & Graphics Business Vikuiti™ DBEF TV Energy Savings Removed 8 CCFLs 40” Common LCD-TV 40” Ultra Low Power LCD-TV Brightness: 350 nits Brightness: 350 nits Without DBEF With DBEF 20 CCFLs 12 CCFLs Power: 195 Watts Power: 92 Watts Retail Proposition: Reduced energy consumption + GREEN Consumer Proposition: Energy Savings of approximately $100 over 5 years Energy savings initiatives create the need for uniformity solutions 13 © 3M 2008. All Rights Reserved. 2008 3M Investor Conference
  • 14. 3M Display & Graphics Business Second Half 2008 Industry Outlook LCD Industry Q3 volume will be ~10% lower than earlier expectations Q4 volume close to earlier expectations unless economy worsens Enhancement Film Industry Stable industry prism film use at lower prices Trend toward energy savings and LED use drive slightly higher DBEF use, and we expect this trend to continue 14 © 3M 2008. All Rights Reserved. 2008 3M Investor Conference
  • 15. 3M Display & Graphics Business 2008 Actions Organization restructure New leadership team Business leadership moved to Asia – closer to the customer Strengthened key account management Differentiated products that are relevant to customers Cost down focus and operational optimization 15 © 3M 2008. All Rights Reserved. 2008 3M Investor Conference
  • 16. 3M Display & Graphics Business Optical Film Strategies for LCDs 1995 – 2007 • Brightness enhancement • Energy savings 2008 – 2009 • Uniformity improvement • LCD system cost reduction Adjacencies 3M Products LED backlight components Air Guide, Film Light Guide Future Privacy Filters • New value films Computer filters Other optical films Front Surface Films Expansion into adjacencies doubles market opportunity size 16 © 3M 2008. All Rights Reserved. 2008 3M Investor Conference
  • 17. 3M Display & Graphics Business Thank You 17 © 3M 2008. All Rights Reserved. 2008 3M Investor Conference