- CEO
- Myeong-Goo Kang
- Full Time Employees
- 196
- Sector
- Electronic technology
- Industry
- Telecommunications equipment
- Address
- Hwaseong-si South Korea
- IPO Date
- Mar 16, 2020
- Business
- CAP Co., Ltd. is a South Korea-based manufacturing company specializing in automotive parts and electronic surface mount technology (SMT) components. The company operates through two primary business segments: Automotive Wiper Systems and Electronics/SMT Solutions. Its automotive product portfolio comprises comprehensive vehicle wiper systems, including conventional wiper blades; aerodynamic beam and flat blades; hybrid wiper blades; rear wiper assemblies; and specialized blade rubber refills and adapters, serving global automotive aftermarket channels and international brands, notably supplying the Rain-X brand distributed across North America. Its electronics division manufactures advanced surface mount assemblies, including Flexible Printed Circuit Assemblies (FPCA) and Touch Screen Panel (TSP) FPCAs engineered for organic light-emitting diode (OLED) mobile display modules, smartphones, tablets, and consumer electronics to transmit display data and touch interface signals between display panels and main control boards.
The company conducts business globally with manufacturing facilities, sales offices, and corporate subsidiaries across South Korea, Vietnam, China, and the United States, catering to global automotive aftermarket distributors, automotive retail chains, Tier-1 suppliers, and electronics display panel manufacturers. CAP Co., Ltd. operates as a subsidiary of S&K Polytec Co., Ltd., which maintains a majority equity interest.
Founded in February 2010 as Newport Display Co., Ltd. and publicly listed on the KOSDAQ market (KRX: 198080) in March 2020, the company is headquartered in Hwaseong-si, Gyeonggi-do, South Korea.
In recent corporate developments, the company executed a major restructuring and absorption merger with automotive wiper blade manufacturer CAP Co., Ltd. in May 2025, officially changing its corporate name from NPD Co., Ltd. to CAP Co., Ltd. to diversify revenue streams and establish a unified platform across electronic components and automotive accessories. In October 2025, the company relocated its principal corporate headquarters from Ansan-si to Hwaseong-si, Gyeonggi-do, consolidating executive management and production logistics to support expanded automotive wiper export volumes to North America and scale supply capabilities for OLED display FPCA components across Asian supply chains.