Apple in Settlement Talks with Proview over iPad Mark

Apple has made an offer to resolve the imbroglio over the Chinese iPad trademark according to Roger Xie, a lawyer representing the Proview Technology (Shenzhen), the bankrupt company that claims the mark wasn’t included in the rights Apple acquired from a sister company in 2009. Whatever amount Apple’s offered it apparently isn’t enough to satisfy Proview, which owes $400 million to Chinese banks. Apple has been under pressure from a Chinese appeals court to settle but has been reluctant to sit down. It is believed the court could uphold a lower court’s decision that Proview owns the trademark.

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