The rapid development of downstream market can pull the overall market of neodymium magnets industry

　　Neodymium magnets are mainly applied in the voice coil motor, motor, magnetic resonance imaging, communications, audio, a magnetizer, bearings and other fields, the major supplier to the international, domestic emerging industries and pillar industries, such as the computer industry, communications industry, information industry, automobile industry, electric bicycles, electric vehicle industry, nuclear industry resonance imaging medical equipment industry, CD-ROM, DVD imaging industry.

　　With the industrial development, it has put forward higher requirements on technology, quality and yield of the neodymium magnets industry, thus pulling the overall market of neodymium magnets industry.

　　In such a industry with technical change slowly and the unusual development of the market, leading enterprises easily to rely on patent monopoly power to keep its first-mover advantage. Basic patent strategy is the enterprise's forecast based on the future development direction, in order to maintain their own technology, new product competitive advantage will protect the core technology or basic research as the basic strategy, and control the technology development strategy.