BEIJING -- Apple Inc. has agreed to pay a Chinese company $60 million to settle a dispute over the name of the iPad tablet in China, one of the company's most important markets.
Monday 2 July 2012
Apple to pay Chinese firm $60 million to settle iPad name case
The tech giant thought it owned the global rights when it bought the iPad name from Proview Technology's parent. But the Shenzhen firm disagreed, prompting legal action.
BEIJING -- Apple Inc. has agreed to pay a Chinese company $60 million to settle a dispute over the name of the iPad tablet in China, one of the company's most important markets.
BEIJING -- Apple Inc. has agreed to pay a Chinese company $60 million to settle a dispute over the name of the iPad tablet in China, one of the company's most important markets.
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