SHIN ETSU MAGNETICS PHILIPPINES INC

SHIN ETSU MAGNETICS PHILIPPINES INC.

Company Introduction:

SHIN ETSU MAGNETICS PHILIPPINES INC. is a manufacturing subsidiary of Shin-Etsu Chemical Co., Ltd., a prominent Japanese chemical company and one of the world's leading producers of rare earth magnets. Located in the Philippines, the company specializes in the production of high-performance rare earth magnets, particularly neodymium magnets. These advanced magnetic materials are essential components utilized across a diverse range of global industries, including automotive (for electric power steering motors, hybrid and electric vehicle motors), consumer electronics (for hard disk drives, speakers, and mobile devices), and various industrial machinery and applications. The Philippine facility is a critical part of Shin-Etsu's global manufacturing network, contributing significantly to the supply and innovation of cutting-edge magnetic technology worldwide.

Factory or Trading Company:

It is a factory.

Shin-Etsu Magnetics Philippines Inc. primarily manufactures and sells high-performance rare earth magnets.

These include:

Neodymium magnets (Nd-Fe-B magnets)

Samarium-cobalt magnets (Sm-Co magnets)

These magnets are typically produced in various shapes and sizes, customized for applications in industries such as automotive, electronics, industrial machinery, and medical devices.