Lithium ferrites are prominent in the element of microwave frequency communication core and high frequency memory core because of their low coercivity and the high squareness ratio. This paper reports primarily the development of lithium ferrites with the low coercivity and high squareness ratio. The materials with $Li_{0.48-0.5x}Bi_{0.02}Ni_{0.04}Zn_xFe_{2.46-0.5x}O_4$ (x = 0,0.01, 0.02, 0.03) have been prepared to investigate the physical properties. The addition of ZnO gave raised maximum induction $(B_m)$ and decreased coercive force $(H_c)$, but the squareness ratio $(R;=;B_m/B_r)$ was decreased. The specimen of squareness ratio R=0.82, coercive force $H_c=;1.80;Oe$ was obtained for $Li_{0.48-0.5x}Bi_{0.02}Ni_{0.04}Zn_xFe_{2.46-0.5x}O_4$ (X=0) sintered at 105$0^{circ}C$. Also the sample of squareness ratio R = 0.75, coercive force $H_c=;1.70;Oe$ for $Li_{0.48-0.5x}Bi_{0.02}Ni_{0.04}Zn_xFe_{2.46-0.5x}O_4$ (X = 0) sintered at 110$0^{circ}C$ was measured. The Tc was obtained 463$^{circ}C$ and the Br of environmental temperature variation was stable.