
Confirming the latest rumor asserting a possible settlement, Apple has reportedly offered Proview just $16 million for the rights to use the iPad moniker in China.
That’s a far cry from a whopping $400 million the cash-strapped display maker is allegedly seeking in order to settle the trademark dispute and appease its creditors.
At the same time, Apple too is in a hurry to settle this dispute as the company looks to launch its new iPad in the all too important 1.33 billion people market, without risking a country-wide sales ban… Read More









