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Apple pays $60 million for iPad brand name rights in China

Apple pays $60 million for iPad brand name rights in China
  • Posted July 2, 2012, 9:00 AM by Lee Kaelin | Filed in Apple
  • Apple has paid $60 million to settle a dispute in China over ownership of the iPad brand name in the country. According to an announcement by Chinese-based, Hong-Kong registered computer display maker Proview, the two parties reached a settlement during mediation.

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