Apple Might Lose A $1.6 Billion Lawsuit For Using The Word 'iPad'
by Dylan Love on Feb 7, 2012, 6:19 AM
Advertisement
China-based company IP Application Development is suing Apple for $1.6 billion and an apology for alleged infringement on use of its trademarked iPad name, reports Apple Insider. Apple had initially bought the trademark from the company for $55,000, but the lawsuit maintains that the deal did not include rights to use the word "iPad" in China. Here's the thing -- Chinese courts have already found in favor of IP Application Development, but Apple is appealing the decision. Xiao Caiyuan, a lawyer for the company, believes Apple will lose the appeal and added, "We have prepared well for a long-term legal battle." Please follow SAI on Twitter and Facebook.
| |
No comments:
Post a Comment