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Sunday, July 1, 2012

Apple settles iPad trademark dispute in China for $60M

Apple settles iPad trademark dispute in China for $60M

"Apple's iPad trademark 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 popular tablets for $60 million, according to an Associated 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."

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