tekgoblin writes "Today the Chinese court has stated Apple, Inc. has agreed to pay a local 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."
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