http://bottomline.msnbc.msn.com/_news/2012/07/02/12522789-apple-pays-60m-to-settle-ipad-dispute-in-china?lite
quick, go copyrite, trademark:
"Ipud" "Ipood" "Ipyd" "Ipid" "Iped" "Iphd"
quick, go copyrite, trademark:
"Ipud" "Ipood" "Ipyd" "Ipid" "Iped" "Iphd"
Apple pays $60M to settle iPad dispute in China
And just like that, it was over (with a little help from a $60 million payment).
A
Chinese court announced Monday that Apple has paid that amount
to settle a protracted legal battle with Shenzhen Proview Technology
over who owns the iPad name, ending a lawsuit that threatened to block
the sale of the popular tablets in the huge Chinese market.
"The
iPad dispute resolution is ended," the Guangdong High People's Court
said in a statement. "Apple Inc. has transferred $60 million to the
account of the Guangdong High Court as requested in the mediation
letter."
The lawsuit had hampered some sales and delayed the
launch of the new iPad in China. Prior to the launch, Proview requested
Chinese authorities in scores of Chinese cities to order re-sellers to
take all iPads off their shelves.
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