Just days after Apple won favorable back-to-back U.S. court rulings in its legal battle against Korean electronics maker Samsung, the technology giant reached a monetary settlement on Monday to end a long-running legal dispute with a China-based electronics firm.
The Guangdong high court in southern China said that through mediation, Apple agreed to pay Proview US$60 million over ownership of the iPad name in China. In its lawsuit, Proview alleged that it still owned the China rights after its iPad trademark was acquired by the Cupertino, California, company in 2009.
The settlement ends a potential legal complication to selling the popular iPad tablets in China, the second biggest market of Apple products after the United States.
Last year, thanks to the high demand for iPhones and iPads, Apple’s China revenue reached US$12.5 billion, comprising 11.5% of its global revenue.
“All parties involved have agreed on the settlement. Proview and Apple now no longer have a dispute over the iPad trademark,” said Xie Xianghui, a lawyer for Proview Shenzhen, in quotes carried by China’s state-run Xinhua news agency.
Apple also enjoyed better luck in its ongoing legal battles with Samsung over patent infringements in the U.S. On Friday, San Jose judge Lucy Koh granted Apple’s preliminary injunction request to block the sales of Samsung’s Galaxy Nexus smartphone. Three days earlier, Koh issued a similar ruling suspending sales of the Samsung tablet Galaxy Tab 10.1.
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- $60 mln Paid by Apple to settle China iPad trademark dispute (telecoupdates.wordpress.com)
- Apple Coughs Up $60M USD for iPad Trademark Infringement in China (dailytech.com)
- Apple pays to settle iPad case in China (news.com.au)