[Sotmoigma]

China.org.cn, July 2, 2012

Tech giant Apple Inc. has agreed to pay 60 million U.S. dollars to Proview technology (Shenzhen)
to settle the dispute over ownership of the iPad trademark in China, the Higher People's Court of
Guangdong Province announced Monday.

Apple has transferred the money to the account designated by the Guangdong higher court, and the
Intermediate Court of Shenzhen on Monday notified the State Administration for Industry and Commerce
to transfer iPad's trademark to Apple, the higher court said.

The court said the settlement agreement went into effect on June 25.



Apple has said it acquired the rights to the iPad trademark in China from a Proview sister company in 2009
and that the company has refused to honor that agreement.

On Feb 29, the Guangdong court heard Apple's appeal of a lower court ruling last year that Shenzhen
Proview owned the iPad trademark in China.

Proview Shenzhen, a Shenzhen-based maker of computer screens and LED lights, claimed it had the rights
to use the iPad trademark commonly associated with Apple's popular tablet computer.

Proview says the Taipei subsidiary of its Hong Kong-based parent company, Proview International Holdings
Limited, registered the iPad trademark in a number of countries and regions as early as 2000.

Though Apple bought the rights to use the iPad trademark from Proview Taipei in 2009, Proview says it
reserves the right to use the trademark it registered on the Chinese mainland in 2001. The two sides have
since been entangled in a drawn-out legal battle.