Tuesday, October 17, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Intel Advances Artificial Intelligence With Nervana Neural Network Processor
Razer Launches Quad-core Blade Stealth Laptop and Core V2 External Graphics Enclosure
Google Designed New Pixel Visual Core Chip Internally
The ZTE Axon M is the First Foldable Smartphone
New Microsoft Surface Book 2 Packs Real Power, Windows 10 Creators Update Release
NXP S32 Automotive Processing Platform Brings Future Vehicles to Market Faster
Google's Advanced Protection Program Adds Security Layers to Gmail
Qualcomm Debuts Snapdragon 636 Mobile Platform, X50 5G Modem For Mobiles
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > PC Parts > Apple T...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, July 03, 2012
Apple To Pay Proview $60 Million To Settle iPad Trademark Case


Apple has reached a settlement with Shenzhen Proview Technology by paying US$60 million to the latter in exchange for the ownership of iPad trademark, clearing the way for Apple to release the new iPad in China.

Apple has reached a settlement with Shenzhen Proview Technology by paying US$60 million to the latter in exchange for the ownership of iPad trademark. The high people's court of Guangdong province in China on Monday announced the ruling, which essentially ends the dispute over the iPad trademark in mainland China.

Shenzhen Proview Technology is a subsidiary of Taiwan's Proview Technology Group. Yang Jung-shan, chairman of Proview Technology Group, expressed that the settlement price is unsatisfactory but acceptable, adding that it could have won more settlement payment had it not been for the company's business plight.

The settlement will be able to clear the blockade for Apple to tap the huge mainland Chinese market and the company's iPad series will be able to hit the Chinese market extensively.

The trademark dispute originated from the fact that iPad trademark was conceived by Taiwan Proview Technology, which registered the trademark in Taiwan and mainland China in 2000 and 2001, respectively.

In 2006, Apple bought iPad trademark from Taiwan Proview at US$55,000. Shenzhen Proview, however, has claimed that it still owns the trademark right in mainland China and asked US$2 billion of compensation from Apple.

Apple has yet to announce a China release date for the iPad 3 but the country's telecommunications equipment certification agency approved the tablet in May.


Previous
Next
Judge Rejects Samsung's Request To Lift Ban Of Galaxy Tab in The U.S.        All News        Micron Buying Elpida For $750M
IBM Hot Water-Cooled Supercomputer Goes Live     PC Parts News      Samsung Samples First 16-Gigabyte DDR4 Server Modules

Get RSS feed Easy Print E-Mail this Message

Related News
Qualcomm Tries to Ban iPhones From China with Legal Fight
Apple Said to Work With LG Display on a Foldable iPhone
Apple Enters into Deal Content With Spielberg, NBCUniversal: report
Apple Fixes LTE Connectivity Issues in watchOS
Apple Sees Increase in U.S. National Security Requests
Apple's Semiconductor Ambitions Could Disrupt Supply Chain in the Near Future
macOS High Sierra Now Available for Download
New 4K Apple TV will Only Stream iTunes 4K Content
Apple to Fix Watch Series 3 Battery and LTE Connectivity Issues
iOS 11 is Available on Tuesday
Apple Unveils iPhone X, iPhone 8 and 8 Plus, Apple TV 4K and Apple Watch 3
Apple's New Flagship iPhone to Be Called 'iPhone X'

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .