iPad's legal name game costs Apple dear in China
Beijing: Apple Inc suffered a setback in the Chinese market on Wednesday as a court rejected its lawsuit against a local company for alleged infringement of its 'iPad' trademark, as a result of which it may have to sell the product under a new name in China or cough up USD 1.6 billion.
Apple may have to sell its popular iPad tablet computers under a new name in the Chinese mainland in future if it does not first purchase the trademark from a Chinese tech firm as a result of the verdict, official media here reported today.
The Municipal Intermediate People's Court in Shenzhen, a southern Chinese city neighbouring Hong Kong, earlier this week rejected a lawsuit by Apple accusing Proview Technology (Shenzhen) of infringing on its 'iPad' trademark.
Proview Technology (Shenzhen) is a subsidiary of Hong Kong-headquartered Proview International Holdings Limited, which also has a branch in Taipei.