"Apple's iPadtrademark trouble in China appears to be behind it.
The consumer electronics giant has settled its dispute over ownership of the name that graces its line of wildly populartabletsfor $60 million, according to anAssociated Press report.
CNET contacted Apple for comment and will update this report when we learn more.
The settlement puts to rest a legal spat that spanned two continents. Proview has filed numerous lawsuits in China that seek to keep Apple's tablet off retailer shelves and stop Apple from using the iPad trademark on its products."