Apple pays up over iPad name

2012-07-02 07:26
Apple has settled a dispute over the iPad name in China. (AP)

Apple has settled a dispute over the iPad name in China. (AP)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Beijing - Apple has agreed to pay a Chinese company $60m to settle a dispute over ownership of the iPad name, a court announced on Monday, removing a potential obstacle to sales of the popular tablet computer in the key Chinese market.

Apple says it bought the global rights to the iPad name from Shenzhen Proview Technology in 2009, but Chinese authorities say the rights in China were never transferred. A Chinese court ruled in December that Proview still owned the name in China and the company asked Chinese authorities to seize iPads.

"The iPad dispute resolution is ended," the Guangdong High People's Court said in a statement. "Apple Inc has transferred $60m to the account of the Guangdong High Court as requested in the mediation letter."

China is Apple's second-largest market after the US and the source of much of the California-based company's sales growth.

Proview hoped for more money but felt pressure to settle because it needs to pay debts, said a lawyer for the company, Xie Xianghui. He said the company had hoped for as much as $400m and might still be declared bankrupt in a separate legal proceeding despite the infusion of settlement money.

"This is a result that is acceptable to both sides," Xie said.

The dispute centred on whether Apple acquired the iPad name in China when it bought rights in various countries from a Proview affiliate in Taiwan for £35 000 ($55 000).

The December court ruling said Proview, which registered the iPad trademark in China in 2001, was not bound by that sale, even though it was part of the same company.

Shenzhen Proview Technology is a subsidiary of LCD screen maker Proview International Holdings, headquartered in Hong Kong.

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
Read more on:    apple  |  china  |  ipad

linking and moving

2015-04-22 07:36 publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24


Rugby World Cup 2015

All the action from the 2015 RWC, including live coverage of all 48 matches, breaking news, fixtures, results, logs - and much more!


Rugby World Cup 2015

LIVE: Springboks 54-0 USA
No England contact for White
Boks: Coenie ‘worst dresser’
Think Tank: Why are the minnows so much better?
Traffic Alerts

Relationships and significant connections may play an important role in your day today. Let the warmth of the Leo moon inspire more

There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.