APPLE Inc has lost a trademark dispute in China, where it had accused Proview Technology (Shenzhen) of infringing on its iPad trademark.
A Chinese court has ruled in favour of Proview - a unit of Proview International Holdings Ltd - that they are the lawful owners of the "iPad" name, as far back as 2000 for use in China and other countries, MarketWatch reported.
Proview's Taiwan based unit had sold the "global trademark" to a UK-based company called IP Application Development for £35,000 ($55,104) in 2006, the Shanghai Daily reported. That company then transferred the trademark to Apple.
But Proview Technology (Shenzhen) says the trademark for China's mainland market was not included in that agreement because the company's Taiwan unit did not own it at the time.
Proview is seeking $1 billion-plus compensation from Apple for copyright infringement.The court agreed, ruling that the Shenzhen-based company holds the rights to the iPad trademark in the Chinese market, the Dailyreported.