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  3. 新祺実業有限公司 New Favor Industry Co., Ltd. 台北本社
Machine elements and parts
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新祺実業有限公司 New Favor Industry Co., Ltd. 台北本社

EstablishmentApril 1992
capital9000Ten thousand
number of employees20
addressTaiwan/(All areas)/3F., No.56, Sec. 4, Nanjing E. Rd., Songshan Dist., Taipei City 105, Taiwan
phone886-2-2577-5038
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last updated:Mar 17, 2026
新祺実業有限公司 New Favor Industry Co., Ltd.logo
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  • Products/Services(13)
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新祺実業有限公司 New Favor Industry Co., Ltd. Company Overview

We provide permanent magnet products and solutions tailored to your company, balancing quality and cost with magnetic materials.

New Favor Industry is a specialized trading company for permanent magnets in Taiwan. For over 30 years, we have been interacting with major manufacturers in Taiwan, Germany, Japan, and around 30 countries worldwide, responding to a wide range of needs from industries such as automotive, motorcycles, machine tools, electrical, electronics, office automation equipment, medical devices, and semiconductor equipment with our permanent magnet products and magnet solutions. We offer a lineup that includes neodymium magnets, ferrite magnets, samarium-cobalt magnets, alnico magnets, magnet assemblies, and more, and we strive daily to meet our customers' needs and ensure their satisfaction. Our factories in Ningbo and Guangdong, China, are certified with ISO9001, ISO14001, and ISO/TS16949, and comply with international environmental standards such as SGS and RoHS directives. We have established a stable supply system for high-quality products, and by digitizing all quality inspection results and reflecting them in real-time, we maintain high-quality products and earn the trust of our customers. Furthermore, we also offer high-performance and high-functionality magnetic applications using these materials. We are constantly engaged in the development of new technologies for magnetic materials and magnet solutions, continuing to thrive as experts in magnets worldwide.

Business Activities

【Product Lineup】 ■Neodymium Magnets - Neodymium Sintered Magnets - Neodymium Bonded Magnets - Neodymium Injection Molding Magnets - Neodymium Rubber Magnets ■Ferrite Magnets - Ferrite Sintered Magnets - Ferrite Injection Molding Magnets - Ferrite Rubber Magnets ■Alnico Magnets - Cast Alnico Magnets - Sintered Alnico Magnets ■Samarium Cobalt Magnets - 1:5 Samarium Cobalt Magnets - 2:17 Samarium Cobalt Magnets ■Magnet Assembly - Grate Type Magnetic Separator - Magnet Bars - Others Our company is equipped to meet various customer needs. We provide complete services from small to large-scale production, from individual components to assemblies, including molding, magnetization, and assembly.

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Products/Services (13)

Heavy Rare Earth Element Free Neodymium Sintered Magnet (HRE-Free) product image
Heavy Rare Earth Element Free Neodymium Sintered Magnet (HRE-Free)
Neodymium magnet (ND) product image
Neodymium magnet (ND)
Neodymium Injection Molding Magnet (NDIJ) product image
Neodymium Injection Molding Magnet (NDIJ)
Neodymium bonded magnet (MQ) product image
Neodymium bonded magnet (MQ)

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catalog(12)

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Heavy rare earth free neodymium sintered magnet

Heavy rare earth free neodymium sintered magnet

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Shin Ki Industrial Co., Ltd. Catalog / Delivering products with excellent reliability and quality!

Shin Ki Industrial Co., Ltd. Catalog / Delivering products with excellent reliability and quality!

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Neodymium Magnet (ND) Catalog / Delivering products with excellent reliability and quality!

Neodymium Magnet (ND) Catalog / Delivering products with excellent reliability and quality!

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Neodymium Injection Molding Magnet (NDIJ) Catalog / Delivering products with excellent reliability and quality!

Neodymium Injection Molding Magnet (NDIJ) Catalog / Delivering products with excellent reliability and quality!

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news(8)

磁性材料應用日文.png

Magnetic Applications: Key Components Driving Modern Technology and Energy Conversion

  • PRODUCT

Magnets are at the core of modern engineering and energy conversion. They are essential for motor design, electric vehicles, wind turbines, and smart sensing. New Qi Industrial Co., Ltd. provides high-quality customized magnets, offering global services to the electric motor and electronics industries. This article explores the operating principles, material properties, and applications. Magnetic force is a natural phenomenon for driving, detecting, and converting. It generates a stable and strong magnetic field through crystal structures and atomic arrangements, serving as a medium for energy conversion. Energy conversion through magnetic fields: - Electrical to mechanical: electric motors, fans, power tools (generating a magnetic field in coils with current to drive the rotor). - Mechanical to electrical: generators (converting and storing power from wind or water rotation). - Magnetic induction and data conversion: HDDs, induction devices, MRI (reading data, detecting positions, and generating images through changes in the magnetic field). Main materials: Neodymium Iron Boron (NdFeB) (highest magnetic energy product), Alnico (AlNiCo), Ferrite. NdFeB is ideal for high-performance motors, electric vehicles, and energy-efficient appliances.

Mar 13, 2026

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Pr/Nd Mineral Price Trend 2026/02

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Neodymium prices experienced significant upward trends in February 2026, driven by supply constraints and demand from magnet and high-tech sectors.

Mar 13, 2026

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The price of Pr-Nd alloy surged sharply in August.

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The price of Pr-Nd alloy rose to between 500,000 and 640,000 RMB per ton in August. These are important materials for neodymium magnets. This year, the price has nearly doubled. China produces 80 percent of the world's total supply of these materials. The Chinese government is implementing strict crackdowns on illegal miners and environmental protection policies. Neodymium magnets are needed for renewable energy, electric vehicles, and wind power motors. It is expected that demand for rare earths will exceed supply in the latter half of this year. (Bloomberg - 2017/9/7 "Rare Earth Metals Electrified by China's Illegal Mining Clean-Up")

Sep 11, 2017

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Detailed information

Company name 新祺実業有限公司 New Favor Industry Co., Ltd. 台北本社
number of employees20
Contact addressTaiwan/ (All areas)/ 3F., No.56, Sec. 4, Nanjing E. Rd., Songshan Dist., Taipei City 105, TaiwanView on map TEL:886-2-2577-5038 FAX:886-2-2578-5017
Key PartnersInteracting with major manufacturers in Taiwan, Germany, Japan, and 30 other countries around the world, we cater to a wide range of industries including automobiles, motorcycles, machine tools, electrical equipment, electronic and electrical OA equipment, medical devices, and semiconductor equipment.
Industry Machine elements and parts
新祺実業有限公司 New Favor Industry Co., Ltd. Building Image

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