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Apple To Pay $60 Million Over iPad Trademark Dispute

tekgoblin writes "Today a Chinese court has stated Apple, Inc. has agreed to pay a Chinese company $60 Million dollars to settle their infamous iPad name dispute. In 2006 Apple purchased the Taiwanese rights to the name 'iPad' from the company Proview Electronics. In China however, the trademarked name was still owned by Proview Technologies, a Shenzhen based subsidiary of Proview Electronics. Since 2011, Proview Technologies has battled Apple in the Xicheng district court and in 2012 the Santa Clara Superior Court. Both cases are still ongoing."

7 of 120 comments (clear)

  1. The price of business in China. by CountBrass · · Score: 5, Insightful

    US companies are forbidden by law to pay bribes so they have to go about it a round about way.

    This is just the price of doing business in China.

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    1. Re:The price of business in China. by Kenja · · Score: 5, Interesting

      China protects its companies (many of which are at least partially state owned). The US does not. One of the reasons so much manufacturing is done in China is because that's the only way to sell there. China puts high import taxes on goods made elsewhere, while the US does not. So if a company wants to sell their product in China they can only do so in a cost effective way by making said product there. If the US matches Chinas tarifs things would be very different.

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    2. Re:The price of business in China. by Nerdfest · · Score: 5, Insightful

      The US does not protect its companies? Have you seen the way copyright protections are headed? They're not for the people.

  2. Re:Live by the sword... by arkane1234 · · Score: 5, Funny

    Especially against the Chinese. I mean, they're paramount for proper trademark usage!

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  3. new Chinese premier's family has billions by peter303 · · Score: 5, Informative

    Chinese leadership wealth makes Romney look "middle class" in comparison.

  4. One China Policy or not? by Anonymous Coward · · Score: 5, Insightful

    Seems like it's "One China, except when two Chinas can charge you twice"

  5. What's up with the article selection? by devleopard · · Score: 5, Informative

    I know a hot topic gets multiple selections, so do Slashdot editors pick the one with the single worst article? This news items is covered in several reputable places, yet, they selected a submission that looks like it was written by an 8th grader. They use AP's Tweet to make it look like an official AP story/headline. There's brilliantly nonsensical lines like "Proview is continuing their lawsuit in Santa Clara for $1.5 billion dollars while allging fraud and unfair competition. The case was soon after thrown out by a judge."

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