Chinese Firm Sues Apple Over iPad Trademark (AAPL)
Chinese display maker Proview Technology (Shenzen) has filed suit in a Chinese court seeking $38 million and an apology from Apple Inc. (NASDAQ: AAPL) for infringement of the iPad trademark in the People’s Republic. The company sued Apple last year…
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Chinese display maker Proview Technology (Shenzen) has filed suit in a Chinese court seeking $38 million and an apology from Apple Inc. (NASDAQ: AAPL) for infringement of the iPad trademark in the People’s Republic. The company sued Apple last year and the US company filed a countersuit. A Chinese court ruled in favor of Proview in December. Apple has appealed the ruling.
Apple purchased the rights to the iPad name from Proview Electronics (Taiwan), but the company now claims that the Chinese rights were owned by its Shenzen subsidiary. The AppleInsider blog reports that the $38 million fine is set to be levied as soon as Apple’s appeal is denied.
Proview is also seeking an apology from Apple.
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Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.
He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.
