Published On: Thu, Feb 13th, 2014

They Have Paid $60M! Apple Settles an iPad Trademark Dispute in China

Money exchanged hands and an iPad trademark dispute was settled in China. This is good news for Apple which has its own copyright issues pending in the USA. They have agreed to pay $60m (£38m) to a Chinese firm.  Proview raised the dispute about rights to the “iPad” name. Reports from the court indicate that the matter has now been settled amicably. The company had claimed that they owned the rights to the famous name within the Chinese Market having registered it in 2000.

Apple responds to the accusations

When confronted with the legal challenge Apple insisted that they acquired worldwide rights to the name in 2009. The matter was heard before a court in Guangdong. The judge requested the two parties to reach a settlement and that is exactly what they have done. The Guangdong High People’s Court released a statement to confirm that the case had been disposed of. Under the terms of the agreement Apple Inc. transferred $60m to the court’s account as requested in the mediation letter.

iPad Trademark

iPad Trademark

Chinese laws are such that Apple would prefer to settle and move on rather than going through extended litigation which they could very well lose. Amazingly the brand bought the global rights to the ‘iPad’ name from Proview’s Taiwanese Affiliate for a mere $55,000 (£35,000). The firm then argued that the affiliate did not have the rights to sell the rights for China. This is indeed one of the fastest growing markets for Apple products and it was in their interests that nothing endangered it.

During the dispute some of the Apple iPads were pulled off the shelves across China and this represented real potential for revenue loss. In fact Proview had even sought a ban on the sale of the product in Shanghai. The courts rejected this particular request.

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