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Apple pays $60 million to Proview, the iPad naming saga is now over

Categories: Apple
By: , IntoMobile
Monday, July 2nd, 2012 at 12:43 AM

Proview is a Chinese company who once upon a time held global rights to the “iPad” trademark. They sold said rights to Apple in 2009. When Apple released the iPad in 2010 and then proceeded to make money hand over fist, the Proview guys felt cheated, so they took Apple to court. The reason? Proview says Apple doesn’t have rights to the “iPad” trademark in China. In December the Chinese courts actually sided with Proview. That decision made Proview seek to have the iPad banned from the country that they call home. Long story short, everything is now fixed. Proview is $60 million richer, and Apple doesn’t have to put up with this bullshit anymore. To put that figure into some perspective, $60 million will buy you 120,000 iPads, assuming you go for the base $500 model. If Apple has to pay that to get out of legal trouble, then so be it.

The more important question here is how will this one off payment impact Apple’s relationship with China as a whole? Apple would love nothing more than to enter a country with a market that’s larger than the United States and Europe combined, but if they have to play by rules like this, stuffing money into the pocket of one company today, and another company tomorrow, will that make them change their mind? Doubtful, but you never know. Apple’s been trying to force the companies that make their hardware to improve working conditions and employee salaries. What’s not to say that those companies can’t just wake up one day and say that they’re tired of working on razor thing margins? Again, this is just early days, and it’s hard to look into the future after just one court case, but this legal battle is most certainly a sign of things to come.

[Via: The Verge]

About The Author

Stefan Constantinescu

Stefan Constantinescu (@WhatTheBit on Twitter) has loved technology since as far back as he can remember. It started with computers, but in the past few years his passion has turned to mobile devices. As a mobile phone enthusiast who lives and breathes devices that connect to the internet, he knows he is not alone with this radical fascination of all things wireless. He is strongly opinionated and enjoys a good debate so leave comments in his posts and he’ll get back to you! Stefan began blogging as a hobby in the fall of 2006 and joined IntoMobile in the summer of 2007. Later he got a job at Nokia in March 2008, but as of June 2009 he has rejoined the IntoMobile team. He is currently based out of Helsinki, Finland.