A representative from a Chinese company suing Apple in a dispute over the iPad trademark has said it is "demanding an apology" and anticipates Apple will be fined $38 million by a Beijing court
over the issue.
In 2006, Apple purchased the iPad trademark from display manufacturer Proview Electronics (Taiwan) for $55,000 by way of a front company called IP Application Development.
However, the company claims that the deal did not include the rights to the trademark in China, as those were owned by Proview Technology (Shenzhen), a subsidiary of Proview International in Hong
Kong. After threatening legal action, the company sued Apple in China last year
on allegations of trademark infringement. Proview is seeking a total of ¥10 billion ($1.6 billion) in damages.
Apple countersued, arguing that it was the rightful owner of the trademark,
but a Chinese court ruled last December in favor of Proview. The iPad
maker has since appealed the decision.
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