SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMCnet FEATURE

TMCNET eNEWSLETTER SIGNUP

July 02, 2012

Apple Finally Owns 'iPad'

By Julie Griffin, Contributing Writer

When an outside source tried to be cute by running under the domain, iphone5.com, Apple (News - Alert) swiftly took action towards seeing the site terminated. Apple has even invested in organizations like ICANN, in the unlikely event that future domains will emerge that could remotely be linked to their brand. But that’s how Apple operates. Now, the company that is known for their extreme brand vigilance is making international headlines for tying up loose ends associated with the iPad trademark in China, and U.S. consumers could not be more surprised.

The news that Apple has just today purchased the rights to the iPad trademark from a company named Proview Technologies, is astonishing for many U.S. consumers. However, it is in the Chinese market where the $60 million settlement will resonate the loudest. The two companies reached an agreement today to resolve a prolonged dispute and now Apple can continue the sales of their tablets in China without a hitch.

The Wall Street Journal suggests that the significance of this case is seen in how it illustrates “new intellectual-property challenges for foreign businesses in China.” Proview registered the iPad trademark in China back in 2001, but has been unsuccessful thus far at acquiring from Apple what they believed they were due. Other lawsuits that Proview had filed against Apple, such as the one filed back in February, have been thrown out dismissed.

Although Apple claimed to have purchased the rights of the iPad trademark in other countries, it was Proview’s position that Apple failed to do so in China. Because of this, Proview has been somewhat successful at convincing Chinese retailers to ban the sales of Apple’s latest tablets. Some sources claim that Proview was seeking up $1.6 billion from Apple, but the $60 million settlement is believed by some to alleviate some of the substantial debt acquired by the company.

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO West 2012, taking place Oct. 2-5, in Austin, TX. ITEXPO (News - Alert) offers an educational program to help corporate decision makers select the right IP-based voice, video, fax and unified communications solutions to improve their operations. It's also where service providers learn how to profitably roll out the services their subscribers are clamoring for – and where resellers can learn about new growth opportunities. For more information on registering for ITEXPO click here.

Stay in touch with everything happening at ITEXPO. Follow us on Twitter.




Edited by Rachel Ramsey
» More TMCnet Feature Articles

Comments powered by Disqus

LATEST TMCNET ARTICLES

» More TMCnet Feature Articles




LATEST VIDEOS

DOWNLOAD CENTER

UPCOMING WEBINARS

MOST POPULAR STORIES





Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved | Privacy Policy