Apple Settles Proview iPad Dispute With $60 Million Payout

Discussion in 'Apple iPad News' started by Maura, Jul 2, 2012.

By Maura on Jul 2, 2012 at 5:45 AM
  1. Maura

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    iPadForums News Team

    Jun 7, 2010
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    The Huffington Post writes today that Apple has finally come to a settlement in its legal dispute with Chinese company Shenzhen Proview Technology over the rights to the iPad name. Apple has always said that it had bought the rights to the iPad name from the Chinese company, but the Chinese courts have ruled that those rights in China were not transferred. The Guangdong High People’s Court made the following statement:

    As the HP points out, China is a major market for Apple, its second largest behind the United States, so clearly Apple wanted this legal matter settled as soon as possible, as did Proview, which has heavy debts it needs to pay. It’s likely that the newest iPad will also soon be released in China now that the dispute is resolved.

    Source: China court: Apple pays $60M to settle iPad case
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Discussion in 'Apple iPad News' started by Maura, Jul 2, 2012.

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