Saturday, June 24, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Promises to Stop Reading Your Emails in Gmail
BlackBerry's Software and Services Sales Fell in Q1
Handsets Expected to be Largest Market for ICs
G.SKILL Announces New DDR4 for the Intel X299 HEDT Platform
Toshiba Open to Further Talks With Western Digital About Chip Unit Sale
Foxconn Confirms US Investment Plan
Tesla Could Enter the Music-Streaming Business
Youtube Unveils New VR180 Format
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 Alleges Qualcomm Chip Licenses are Invalid
Apple Hires TV executives From Sony Pictures
Apple Confirms Focus on an Autonomous Car System
New 21.5-inch iMac Has User-upgradable RAM, Modular CPU
watchOS 4 Brings Fitness Features, iOS 11 Coming this Fall
New iPad Pro Models Get Advanced Displays and iOS11, macOS High Sierra Brings Enhancements to Storage, Video and Graphics
Apple Upgrades iMac, Macbooks, Unveils New iMac Pro
Apple Said to Develop Siri Speaker
Nokia and Apple Settle All Litigation, Sign Patent License and Business Agreement
Apple To Upgrade MacBooks This Summer
Apple Invests $200M In Corning
Apple Buys Sleep Tracking App Maker Beddit

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 .