Founded in 1992, New Favor Industry Co., Ltd. specializes in precision permanent magnets—Neodymium (NdFeB), Ferrite, AlNiCo, and Samarium Cobalt (SmCo)—with deep expertise in material science and optimal applications. With over a century of combined team experience, we deliver consistent quality and reliable supply. We have engineered over 60 distinct high-performance grades and continuously advance our technical capabilities to meet evolving industry demands. We partner with leading global brands across automotive, industrial motor, energy, and advanced manufacturing sectors. New Favor was among the first to develop NdFeB applications in Taiwan. Our proven track record demonstrates stable supply, quality assurance, and responsive customer service.more