Sunday, February 25, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
MWC: The Cat S61 Smartphone Measures Distances, Senses the Quality of Air
MWC: TCL Introduces Alcatel 5, 3 and 1 Smartphone Series, Android Oreo Smartphone and Tablets
IBM Researchers Talk About the Future of EUV at SPIE
Xiaomi and Microsoft Expand Their Collaboration in cloud, Devices and AI Areas
Google's Augmented Reality SDK ARCore 1.0 Released, Google Lens Updated
Google Assistant is Going Global
TEAC Releases New Reference Series Hi-Res Audio Models
First Affordable Android Go Smartphones Coming Next Week
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
Apple to Upgrade the AirPods Headphones
Apple to Fix the Telugu Bug in iPhones
Leaked iPhone Code Could Lead iOS to Generic ARM Boards and Emulators
Apple Patent Describes a Digital Stylus That Writes on Any Surface
Apple Shipped 54 Percent More Apple Watches in 2017
Could Qualcomm be Excluded From the iPhone Supply Chain?
Cisco, Apple, Aon, Allianz Introduce Cyber Risk Management Solution
Q4: Apple Passes Samsung in the Worldwide Smartphone Market
Apple's Revenue Hit New All-Time Records
U.S. Investigate Apple over Slowing iPhones
Apple Removes Some Features From Upcoming iOS 12
Apple is Working on New Digital Book Reader for iPhones, iPads

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .