HPMG Awarded Allegro's 2024 Supplier Excellence Award for Magnetic Innovation

2024-10-05

Hangzhou Permanent Magnet Group (HPMG), a global pioneer in high-performance magnetic systems, has been honored with the 2024 Supplier Excellence Award by Allegro MicroSystems (NASDAQ: ALGM), a world leader in power and sensing semiconductors for automotive and industrial markets. This recognition highlights HPMG’s critical role in enabling Allegro’s next-generation current sensors and motor drivers through material science breakthroughs and supply chain resilience.