AIV-BEX, established in 2012 in Henan Province, China, aimed to produce small/medium AMOLED panels. The company was supposed to setup up a 4.5-Gen (730x920 mm) fab in Xinyang, Henan, to produce Oxide-TFT based OLED panels. AIV-BEX's first planned line was supposed to have a monthly capacity of 30,000 sheets and to begin production towards the end of 2015.
AIV-BEX's project never saw the light of day, and the company shut down.
AIV-BEX's total project cost was estimated at around 30 billion Yuan (or about $4.82 billion). The first line (with the 30,000 monthly sheet capacity) was going to cost 3.6 billion Yuan ($580 million). According information released in October 2014, the project was still on track at that stage.
AIV-BEX was owned by Aivtech International Group, a NASDAQ-listed (ticker:AIVI) shenzhen based maker of audio&video products. The BEX part of the name stands for "Blue Excitation".
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XinYang
China