Comparison of the competitiveness of the three domestic magnet families

11/18/2020 10:17

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The magnet industry is in great flux. The three neodymium (rare earth) magnet companies are Shin-Etsu Chemical, TDK, and Hitachi Metals. Ever since Masato Sagawa (then at Sumitomo Special Metals) developed neodymium magnets in 1982, the three companies have dominated the global magnet market, with Hitachi Metals granting licenses to

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