A struggling Taiwanese company, Proview, is currently threatening to sue Apple for $1.5 billion over the iPad trademark, claiming that an earlier agreement to sell the trademark didn’t include the trademark rights for the Chinese market. Proview tried unsuccessfully to market an I-Pad tablet computer a few years back, which didn’t work out too well. The company chairman says that it agreed to sell the iPad trademark to a company called IP Application Development (which can be interestingly shortened to “IPAD”) for $55,000 without knowing that the company was connected to Apple. Apple has faced similar issues in the past as Fujitsu had previously threatened the company over the iPad name while Cisco also took legal action against Apple over the iPhone name. It isn’t entirely clear what the outcome of this will be, but you can expect a legal battle to unfold.
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