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The Apple iPad settlement background | Retail insight

The iPad trademark was originally owned by Chinese firm Proview with Taiwanese and Schenzhen headquarters. They have made sure Apple cannot sell iPads in China (Reuters Insider) Apple got the licence to use the trademark from the Taiwanese company and neglected to get the nod from Shenzhen.

Consequently Proview’s Szhenzhen stationed management has dragged them to court though it does not make the iPad product themselves anymore. Settlement amounts being tagged are $1.6 bln or other sizable amount ( they’ll take any thing thaty looks good on paper, just give ’em the money) the courts in Hongkong would side with Apple given the Taiwan office has signed over the trademarks to them but mainland courts agree with Proview that the Szhenzhen office has not handed over any trademark and thus rights on the mainland still belong to Proview

A website of China Business News says authorities in the central city of Zhengzhou and eastern port of Qingdao seized iPads from retailers following seizures in Shijiazhuang and Xuzhou.

The Economic Observer newspaper said authorities in the eastern city of Weihai are investigating a complaint by Proview Technology that Apple is violating its rights to the iPad name.

Proview registered the iPad trademark in China in 2001. Apple bought rights to the name from a Proview affiliate. The mainland company says it still owns the name in China.

A court rejected Apple’s claim to the name in China last year.(ABC4- i know! but they’re right with the details)

English: iPad 2 wordmark, by Apple Inc.

Image via Wikipedia

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One comment on “The Apple iPad settlement background | Retail insight

  1. Pingback: US Economy: Here’s the rest of the busy Thursday | The Banking and Strategy Initiative

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This entry was posted on February 15, 2012 by in Financial Markets and tagged , , , , , , , , , , , .

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