Browse
related articles
Apple spends $60m to keep iPad name in China
- China: Tuesday, July 03 - 2012 at 12:00
A Chinese court has said Apple has paid $60m to settle a dispute with Proview Technology in the country over ownership of the iPad name, removing a potential obstacle to sales of the popular tablet computer in the key Chinese market, the Associated Press has reported. Apple said it bought the global rights to the iPad name from Proview in 2009, but Chinese authorities said the rights in China were never transferred. A Chinese court ruled in December that Proview still owned the name in the country. Proview, which is struggling financially, asked Chinese authorities to seize iPads in an apparent effort to pressure Apple to settle. China is Apple's second-largest market after the US and the source of much of the company's sales growth.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
