Message from the CEO
ONE WHO EARNESTLY SEEKS GOOD FINDS FAVOR
Magnetic materials are pivotal in the contemporary advancement of technology. I had the privilege of being involved in the nascent stages of magnet development in Taiwan, where I introduced the latest materials to the market. The journey of pioneering this complex industry was fraught with challenges, yet the enigmatic nature of magnets hinted at myriad possibilities and potential applications. Drawing from my profound understanding of magnets, I recognized the untapped capabilities of this seemingly ordinary metal and envisioned the remarkable innovations it could usher into the world. Hence, in 1992, I founded New Favor Industry Co., Ltd. with the mission to integrate magnets into diverse fields, perpetually fostering creativity and utility in technological progression.
“One who earnestly seeks good finds favor.” This proverb serves as the foundation of our company name, New Favor Industry Co., Ltd., and has been ingrained in our enterprise philosophy from its inception. For us, the concept of "Good" is not merely abstract; it embodies tangible practices rooted in perseverance and consistency. First and foremost, "Good" denotes the quality of our products. Adhering to stringent international standards, we meticulously oversee every manufacturing process and implement robust risk management protocols to ensure our products fully align with clients' demands and expectations. We invest substantially in research and development to enhance manufacturing techniques and continuously update our equipment to keep pace with industry advancements and economic fluctuations. Thus, our products boast both performance optimization and manufacturing flexibility. Despite evolving times and technologies, our unwavering commitment to delivering superior quality remains paramount.
Secondly, the New Favor team is dedicated to delivering "good" service characterized by professionalism and empathy. With comprehensive knowledge of magnetic materials and decades of practical experience, our colleagues patiently listen to clients' needs and actively discern their requirements, including unmet ones. By anticipating significant factors and considering actual operating conditions, we guide clients through the entire product development process—from sample testing to market entry. This client-centric approach, marked by expertise, compassion, and steadfastness, positions the New Favor team as a premier partner in research, development, and manufacturing across various industries.
Last but not least, anchored in "good" quality and service, New Favor Industry Co., Ltd. has nurtured numerous client relationships grounded in integrity and reciprocity over the past three decades. This has earned us a sterling reputation and unwavering credibility in the magnet industry. In my view, a client transcends the role of a mere buyer; they are akin to a friend embarking on an honest partnership. Through our earnest pursuit of "good," we aim to cultivate authentic and enduring partnerships that constitute the ultimate "favor" we seek.
Please place your trust in us as we embark on this journey of growth together!
New Favor Industry Co., Ltd.
CEO, Edward Yang
Business Philosophy
THINK GLOBALLY, ACT LOCALLY
"Glocalization" is the fundamental concept guiding New Favor Industry Co., Ltd.'s business strategies and market development. Over the past 30 years since our inception, we have fostered strong and enduring relationships with clients spanning over 30 countries. This achievement is not merely a result of our magnetic products meeting numerous international certifications, but also stems from our company's reputation for exceptional performance in technology, quality, logistics, and service across diverse global markets. At the heart of this success lies the principle of "Glocalization," which grounds us in local contexts while enabling us to connect with the global landscape.
On a macro scale of globalization, the New Favor team remains attuned to the fluctuations of the international market and the trajectory of technological advancements. This allows us to anticipate our clients' evolving needs and proactively enhance our magnet production techniques and associated commercialization efforts. Simultaneously, we continuously explore untapped markets, seeking to forge new partnerships for mutual growth. At the regional and national levels, the New Favor team ensures that our products align with the diverse accreditation standards and certifications of different countries, offering trading services with high adaptability. Additionally, we possess deep insights into regional development and local industries, leveraging our cultural understanding, professional expertise, and market intelligence to provide tailored solutions for magnetic applications in individual markets. Through these efforts, we consistently deliver a reliable and customizable source of magnets.
At the micro level of customer relationships, the New Favor team prioritizes "cultural sensitivity," fostering flexibility and resilience in our business operations. By empathizing with our clients' perspectives and recognizing the nuances among different regions, we establish smooth and efficient communication channels, promptly addressing inquiries and needs from all corners. "Think globally, act locally" encapsulates the essence of "Glocalization." New Favor Industry Co., Ltd. embodies a unique approach to business insight and operations, spanning from the global marketplace to each client's specific requirements, and from initial planning and sample estimation to final product manufacturing. Ultimately, through the application of magnetic materials, our clients—New Favor Industry Co., Ltd.'s partners—attain competitiveness and resilience in both the international and local spheres of the market.
Facilities
In the process of designing and evaluating magnet applications, it is essential to go beyond just performance metrics. We need to ensure that magnets can perform reliably in real-world settings and maintain their effectiveness over time. This is where environmental testing becomes crucial. It's a methodical quality control process designed to simulate the conditions magnets will encounter in practice. By observing how magnets react under different environmental stresses, we ensure they meet the practical standards required for their intended use.
Smelting Stove
Sintering Machine
HDDR
Cutting Machine
Jet Melting Machine
Quality Management
SGS Test Report 1
SGS Test Report 2
D-U-N-S® CERTIFIED
Taiwantrade Supplier Verification
淨零世代 共好未來
History
"Magnetic Innovation, Crafted by Experts, Delivered with Trust"
Service Workflow
CONTACT
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