Apple shells out $60 million settlement for iPad trademark in China
3 07 2012Apple has agreed to pay $60 million to China-based Proview over the iPad trademark in China after numerous back-and-forths in court. Although Apple claims it has owned the iPad trademark in China since at least 2010, Proview won a series of Chinese courts decisions throughout 2011. Apple took the case higher up the chain and even battled Proview in the US for a while, but apparently decided to put the case to rest as of June 25.
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