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Apple offers to settle with Proview over the iPad name, clearing hurdles to conquer China

Posted: , by Daniel P.

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Apple offers to settle with Proview over the iPad name, clearing hurdles to conquer China
Apple has allegedly offered a settlement amount to Proview for the right to use the term iPad on its devices in Greater China, where Proview is the trademark holder still, and made the Chinese authorities seize iPads from shops while making its case.

Proview wanted the mindnumbing $2 billion, to which Apple's lawyers apparently said "over our collective dead bodies", but the terms of the new settlement offer are not disclosed, naturally. Apple's counteroffer came as part of the mediation process directed by the Higher People’s Court of Guangdong, confirmed Roger Xie, a lawyer for Proview:

The Guangdong Higher People’s court is trying to mediate this, and both parties are trying to negotiate and come to a settlement. Right now, there is still a big gap between the two sides on the settlement amount.
China has the potential to become the most important market for Apple, and Proview is pretty troubled financially, so we have no doubts that money wil exchange hands, and an iPad will still be an iPad in China, but at least Proview is making Apple work for the privilege to cross the Great Wall.

source: Bloomberg

8 Comments
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posted on 08 May 2012, 14:46 1

1. som (Posts: 768; Member since: 10 Nov 2009)


Is it $1 billion instead of $2 billion anyway we don't know what is the settlement.

posted on 08 May 2012, 14:53 8

2. ZEUS.the.thunder.god (unregistered)


atleast apple would know that they dont own the planet. i wish jobs could see that. he would be really pissed.

posted on 08 May 2012, 15:09 5

3. medicci37 (Posts: 591; Member since: 19 Nov 2011)


If Apples lawyers had did their job, they wouldn't be in this mess. Still most people in China either don't want a iphone or will get a knockoff.

posted on 08 May 2012, 18:35 2

6. gallitoking (Posts: 4680; Member since: 17 May 2011)


you mean An Android?

posted on 08 May 2012, 18:39 1

7. sithman (banned) (Posts: 299; Member since: 21 Apr 2012)


How do u know that

posted on 08 May 2012, 18:52 1

8. Lucas777 (Posts: 2121; Member since: 06 Jan 2011)


because apple settled with proview from the very beginning... something went wrong in a contract or something and proview decided to sue in china... that is why they have not sued in other places i believe, cause apple has the name from the original contract-- i am not sure of the full story

posted on 08 May 2012, 15:17 1

4. squallz506 (banned) (Posts: 1075; Member since: 19 Oct 2011)


fork over dat money apple!

posted on 08 May 2012, 16:56 2

5. Mr.Best (Posts: 79; Member since: 17 Jan 2012)


It's Justice! I'm glad that Apple is on the other end of the lawsuit spectrum.

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