Apple settles China iPad trademark dispute for $60 million

SHANGHAI (Reuters) – Apple Inc has paid $60 million to Proview Technology (Shenzhen) to end a dispute over the iPad trademark in China that saw the world's most valuable technology company engaged in a protracted legal tussle with a near-bankrupt Chinese firm. The announcement of the court-mediated settlement was made on the web site of the Higher People's Court of Guangdong province. (http://www.gdcourts.gov.cn/gdcourt/front/front!content. …

Quoted from Apple settles China iPad trademark dispute for $60 million on Gadgets News Headlines – Yahoo! News

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