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.For decades, our abundant experience has made us an indispensable partner for global customers seeking to use our products to develop Innovated technology in their respective industries.