Apple paid $60 million to settle an ongoing legal spat with Shenzhen Proview Technology. At issue were naming rights for Apple's iPad. Proview sued Apple in February, claiming that while Apple had indeed bought the term "iPad" from Proview, the deal did not cover mainland China. In April, Yan Xiaohong, China's deputy of the National Copyright Administration, said that Beijing regarded Proview as the owner of the iPad trademark in China, even though the patent dispute was seen as a potential roadblock to attracting foreign investment.
Source: http://ectnews.com.feedsportal.com/c/34520/f/632000/s/20eea91d/l/0L0Stechnewsworld0N0Crsstory0C75530A0Bhtml/story01.htm
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