Abstract: The method of assembling a micro-speaker includes disposing a quantity of volatile magnetic fluid into a radial gap of a driver unit, aligning a vibration system having a diaphragm and a voice coil to the driver unit such that the voice coil is accommodated into the radial gap, fixing the vibration system to the driver unit, and removing the volatile component of the volatile magnetic fluid. The micro-speaker includes a driver unit having a housing, a magnet disposed within the housing forming a radial gap between the magnet and the circumferential walls of the housing, and a magnetic plate disposed on the magnet, a vibration system having a diaphragm and a voice coil where the vibration system is fixed to the drive unit and the voice coil protrudes into the radial gap, and a volatile magnetic fluid in the radial gap about the voice coil.