This paper proposes a novel two-phase, two-pole, permanent magnet synchronous motor (PMSM) with dual U-core stator structure for torque ripple minimization. The proposed motor is modeled based on the conventional single-phase U-core PMSM with approximate output power and core dimension. Torque ripple in the novel motor can be reduced significantly due to 90 ° electrical angle phase shift in two sets of magnet pairs and 90° shift in two-phase excitation currents. Characteristics of both PMSMs such as back-EMF, cogging torque and electromagnetic torque are analyzed and compared by using the 3-D finite element analysis (FEA). As shown in the result, the cogging torque and torque ripple in the novel two-phase PMSM are efficiently reduced with sinusoidal back-EMF waveform and reasonable current density value. The validity of both PMSM models is also verified by the comparison between simulated and experimental measured results.