The present invention discloses a speaker relating to the technical field of electro-acoustic products, including a housing in which a vibration system and a magnetic system are contained, the magnetic system including a magnet and a magnetic permeability piece combined together, several slits are provided on at least one component of the magnet and the magnetic permeability piece, the depths of the respective slits all extend in a horizontal direction and the lengths of the respective slits all extend in a vertical direction. The speaker of the present invention solves the technical problems in prior art of more components, high cost, difficult assembly etc. of the speaker. The speaker of the present invention also has the advantages of less components, low production cost, simple assembly and easy operation, high production efficiency, a high qualified rate of the end product, a remarkable acoustic performance, etc. while solving the technical problems of the eddy current loss and second harmonic distortion, etc.