A micro-speaker includes a vibrating unit including a diaphragm and a voice coil, and a magnetic circuit unit supporting the diaphragm. The diaphragm includes a position portion serving as an edge of the diaphragm. The magnetic circuit unit includes a base board, a first magnetic conduction member disposed at a central portion of the base board, a second magnetic conduction member around the first magnetic conduction member, and a magnetic gap formed by the first and second magnetic conduction members. A projection of the diaphragm along the vibration direction on the base board is within an outline of the base board. The micro-speaker has no frame or any structure with a frame configuration, which makes the magnetic circuit unit enlarge for providing improved performance.