Investing

iPad Lawsuit Suspended in Shanghai (AAPL)

A court in Shanghai has suspended proceedings in a lawsuit brought by Proview Technology (Shenzen) against Apple Inc. (NASDAQ: AAPL) for infringing Proview’s claim to the iPad trademark. The suspension comes as a higher court in Guangdong prepares to hear the case next week.

Proview (Shenzen) claims that Apple did not acquire the mainland rights to the iPad trademark when it reached an agreement with Proview’s Taiwanese parent.

Sponsored: Find a Qualified Financial Advisor

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.