Proview Wants $1.5 Billion From Apple Over iPad Row
Chinese hatred for Americans and American products does not need any introduction. When it comes to extort money from American firms, Chinese would leave no stone unturned to do that.
Chinese firm Proview is all set to give a tough time to Apple and its lawyers in China. Apple’s lawyers are working overtime to find out how to avoid a large payout to Proview, a monitor and display company.
Proview claims to be the owner of a Chinese trademark for the term “iPad” and is currently locking horns with Apple in a legal battle over the use of the word for its iPad.
The matter going on in courts, with large sums of money currently being discussed. Proview apparently is planning to ask Apple for a $1.5 billion in compensation for the whole ordeal.
Proview originally registered the iPad trademark as long as twelve years ago, long before Apple announced the iPad. Apple had bought the rights to use this term for their tablet from the Taiwanese branch of Proview. Citing “little relation” with Taiwanese branch, Proview (based in Shenzen) got Apple entangled in the legal battle, probably eyeing more money. Apple lost the court-case.
“Proview made a formal complaint to the Xicheng administration in 2011 and they had planned to slap Apple with a 240 million yuan ($38 million) fine, but it was suspended after Apple’s objections,” said Xie Xianghui, a lawyer from the Shenzhen branch of Grandall Law Firm. Xie says that Proview has also filed lawsuits against Apple authorized retailers and plans to ask for 10 billion yuan ($1.5 billion USD) in compensation from Apple.
Proview is adding more to Apple’s headache. Motorola, Samsung and HTC are already giving a hard time to Apple.
What is your opinion about unfair claim of Proview? Post your comments.
Source: iDownload Blog