Source: Fox News
quote: A $1B loss might slow Apple's lawsuit march down a little.
quote: IP law is indeed broken, but this was a simple trademark case.
quote: A Chinese court has ruled that Proview owns the copyright for the Chinese market and Apple is at fault for selling the iPad in China. Proview is seeking more than $1 billion in compensation from Apple in the copyright infringement case.
quote: And the author is confusing Trademark with copyright too :)
quote: Proview's Taiwan based unit had sold the "global trademark" to a U.K.-based company called IP Application Development for £35,000 ($55,104) in 2006, the Shanghai Daily reported Wednesday. 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.
quote: The Hong Kong court found that Apple and IP Application, while drawing up the agreement for that sale, discovered the two mainland iPad trademarks were not owned by Taipei-based Proview Electronics as they were led to believe, but by Proview Technology.Apple said the defendants, while acknowledging the mistake, refused to rectify the matter and asked Apple to pay US$10 million for the two trademarks. Apple and IP began their action against the Proview group on May 20 last year.
quote: Apple buys those global rights from IP Application Development an believes it has global rights to the iPad name.
quote: How is Apple copying anything? How is Apple stealing anything?