Wednesday, January 28, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
YouTube Now Defaults to HTML5
HP Led The Notebook Market In 2014
New PlexTurbo Supports More SSD Models
Google Expands Its Fiber Internet Network
Fujitsu Technology Streamlines Network Operations
Nintendo Cuts Operating Profit Forecast On Slack 3DS Sales
ZTE Unveils The Blade S6 4G LTE Smartphone
Windows 10 Spartan browser To Get Extensions, Surface 2 Is Dead
Active Discussions
Need major help with Gigabeat
New match-3 puzzle game launch now!
Rimage 2000i
Sound card for my Laptop
hello
full screen wide screen
Hi
About the restriction problem of chapter quantity in DVD
 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 Sells Record iPhones in Holiday Quarter, iWatch Coming in April
Apple Takes Top Spot in China's Smartphone Market
Samsung and Apple Together Consumed 17 Percent of Total Semiconductor Demand in 2014
Samsung Led The Smartphone Market in 2014, TrendForce Reports
Apple May Use Its Own Chips In Future Macs
Apple, Ericsson In Courts Over LTE Patents
Apple, Google To End Lawsuit Over Poaching
Apple May Take On GoPro With Action Cameras
Quanta Accelerates Production Of New 12-inch MacBook Air
Apple Patent Describes Flexible iPhone Concept
Apple Starts Selling Unlocked iPhone 6 and 6 Plus
Apple Sued Over Limited Storage Space

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .