The Freeland File
Global Market Data
Tales from the Trail
Lucy P. Marcus
David Cay Johnston
The Great Debate
Jack & Suzy Welch
Macro & Markets
Lipper awards 2012
Personal Finance Video
Should you upgrade to the new iPad?
Apple's new iPad will be released March 16 but if you own an iPad 2 or the original, is it worth upgrading? Anthony De Rosa goes through all the new features, which include a retina display, 4G LTE capabilities, a faster processor and a better camera. Video
Apple unveils newest iPad
Israel asks U.S. for arms that could aid Iran strike
08 Mar 2012
U.S. adds Vatican to money-laundering 'concern' list
08 Mar 2012
Greece averts immediate default with bond success
Two dead, including gunman, in shooting at Pittsburgh hospital
California man arrested in killing of girlfriend with cannon
06 Mar 2012
Obama warns against ”loose talk” of war on Iran
Three Occupy Oakland protesters charged with hate crimes
Obama mulls giving Moscow data on missile defense
Should you sell your iPad 2 for a new iPad? - Tech Tonic
Wed, Mar 7 2012
U.S. Navy kicks off rail gun tests with a bang
Tue, Feb 28 2012
Israeli device takes the thirst out of war zones
Mon, Mar 5 2012
Proview Shenzhen asks China distributors to halt iPad sales
Apple lifts lid on 4G iPad, keeps prices
Wed, Mar 7 2012
Apple's next iPad may boost 4G demand
Wed, Mar 7 2012
Apple's next iPad may be a 4G game changer
Tue, Mar 6 2012
China higher court hears Apple's iPad appeal
Wed, Feb 29 2012
On the ropes, Apple's China nemesis still dreams
Mon, Feb 27 2012
Analysis & Opinion
Nvidia to Apple: thanks for the backhanded compliment
Apple needs good, not just better, supply chain
Xie Xianghui, a lawyer representing Proview Technology (Shenzhen) is surrounded by reporters as he walks into the Higher People's Court of Guangdong in Guangzhou, Guangdong province February 29, 2012.
Credit: Reuters/Alvin Chan
HONG KONG |
Thu Mar 8, 2012 6:41pm EST
HONG KONG (Reuters) - Proview Technology, which is battling Apple over the iPad trademark in China, has asked Chinese distributors to stop selling the popular tablet PC after the U.S. technology giant launched the latest version of its iPad.
The move is the latest twist in a long-running lawsuit between the world's most valuable technology company and the Chinese firm, a unit of near-bankrupt Proview International Holdings Ltd, but was expected to have little impact on the case.
Proview Technology (Shenzhen), in an open letter to China's suppliers and resellers, urged them to immediately stop selling, storing and shipping the iPad as of Thursday, citing trademark infringement issues.
"Anybody who continues to do so will be seen as intentionally infringing rights and the company will adopt the most severe measures by taking legal action," Proview Technology said in the letter to iPad suppliers and resellers in China.
The dispute has dented sales of the iPad in China, Apple's second largest market by revenue, and the two sides are now awaiting a key ruling by the high court in Guangzhou after a lower court ruled in favor of the Chinese firm last year.
"This is Proview's strategy to give Apple more pressure in the Chinese market, to try and add another blow to its iPad sales there," said Rachel He, a lawyer with the firm Guangdong Sun-Kindle.
"However, I don't think it will affect the decision of the Guangzhou high court because that ruling will be based more on the new evidence presented last week," she said.
The Higher People's Court in Guangzhou heard Apple's appeal on February 29 and is expected to make a decision in coming weeks or months.
Proview released its latest statement after Apple on Wednesday released a faster 4G version of its iPad, offering a better screen and other new features.
Chinese media have reported that Proview is seeking up to 10 billion yuan ($1.6 billion) in compensation for trade mark infringement.
Proview has said it favors an out-of-court settlement, which usually involves the payment of compensation, which analysts have said the company needs to repay its creditors.
Hejun Vanguard Group, a consulting company representing Proview creditors, said in a statement late on Wednesday that the iPad trademark in China belonged to them.
Proview's main creditors are Bank of China Ltd, China Minsheng Banking Corp Ltd, China Development Bank, China Guangfa Bank, Bank of Communications Co Ltd, Shanghai Pudong Development Bank Co Ltd, Hua Xia Bank Co Ltd and Shenzhen Pingan Bank.
(Reporting by Lee Chyen Yee and Donny Kwok; Richard Pullin)
Related Quotes and News
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Back to top
New York Legal
Support & Contact
Advertise With Us
Connect with Reuters
Our Flagship financial information platform incorporating Reuters Insider
An ultra-low latency infrastructure for electronic trading and data distribution
A connected approach to governance, risk and compliance
Our next generation legal research platform
Our global tax workstation
About Thomson Reuters
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.