A new report is out tonight, claiming that Proview and Apple have finally reached a settlement in their 'iPad' trademark dispute. The two companies have been in and out of courtrooms for over a year, fighting over the moniker.
The battle has seen Apple's tablet barred from sales in a number of cities and provinces around mainland China. And Proview, an electronics manufacturer, was at one time reportedly seeking $1.5 billion in compensation...
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...
By now, most of you are likely familiar with the ongoing legal battle between Apple and Proview over the iPad trademark. Much of the dispute has unfolded in or around China, but in February the monitor-maker brought its fight Stateside.
In the lawsuit, filed in Santa Clara California, Proview alleged that Apple committed fraud when it used a dummy corporation to purchase the iPad trademark, thus making the deal void. But this California judge doesn't want to hear it...
For months, lawyers for California-based Apple and bankrupt monitor vendor Proview have been trying to negotiate a way out of a high-stake trademark dispute which has been holding back the launch of the new iPad in the 1.33 billion people China market.
According to the latest update out from China’s official government newswire Xinhua, Apple has now put a dollar value on their settlement offer to Proview, finally moving the ball forward...
The rights to use the iPad moniker in the 1.33 billion people market of China belong to the bankrupt display maker Proview, a Chinese government official told Reuters this morning.
The official quote indicates that Chinese government is very much interested in helping Proview prevail by gently pushing Apple into a court-moderated mediation leading to a possible settlement.
The mediation was first hinted by IDG News Service last week. Should Apple continue its court fight with Proview to lose the case, it could face a big fine plus a country-wide ban on iPad sales in China...
Apple is in talks with bankrupt display maker Proview of China over the iPad trademark dispute that has delayed the launch of the third-generation tablet in the 1.33 billion people market, a new report out today alleges.
The two parties have reportedly entered a voluntary mediation procedure that could lead to negotiations over a possible settlement.
If no deal is reached, the higher court will have to make a ruling and the severe consequences for Apple, should it loose the case, could include a hefty fine and a country-wide ban on iPad sales in China...
By now, most of you have heard about the Proview vs. Apple lawsuit. The Chinese monitor-maker, who is currently in steep financial trouble, is suing Apple over the use of its iPad trademark in China.
Even though some judges have already ruled in Proview's favor, Apple is denying the allegations. The company claims that it purchased the rights to the iPad name years ago, and has emails to prove it. Now hear what Proview has to say...
After months of back and fourth between Apple and Proview, we're about ready for this silly dispute to come to an end. The monitor-maker is currently blocking iPad sales in a number of south China cities over 'trademark infringement.'
But it appears that there is a light at the end of the tunnel. Times of India is reporting that Proview's lawyer Xie Xianghui has said that his company is preparing for negotiations with Apple in an effort to settle this matter out of court...
By now, most of you have probably heard about Apple's ongoing trademark dispute with Proview. The monitor-maker believes that Apple is infringing on its iPad trademark, and has recently won an injunction against the company and its tablet in China.
Apple has responded to the allegations, claiming that it acquired the rights to use the iPad trademark from Proview years ago. It believes the company is trying to exploit loopholes in their agreement for monetary purposes. And judge Hon Poon agrees...