Founded in 1992 and headquartered in Taiwan, New Favor Industry is a prominent magnetic material supplier for leading companies in the motor, electronic, and tool industries. From rare earth magnets such as Neodymium to Sintered Ferrite magnets, we have developed a full line of permanent magnets and magnetic assemblies for our customers demanding applications.As a key supplier of permanent magnets, we have earned the trust of global partners with our stable product quality and dependable service. Our experienced staff is key to delivering reliable service to customers. We strive to work closely with customers to ensure that we support their product designs with advanced magnetic material.For decades, New Favor has committed to providing the innovative magnetic service to customers. Our abundant experience in rare earth magnets has made us an indispensable partner for global customers seeking to use our products to develop advanced, next generation technology in their respective industries.