Apple settles China iPad trademark dispute for $60 mln

APPLE-CHINA:Apple settles China iPad trademark dispute for $60 mln

Apple Inc has paid $60 million to China's Proview Technology (Shenzhen) to settle a dispute over the iPad trademark, a Chinese provincial court said on Monday.

The announcement of the court-mediated settlement was made on the website of the Higher People's Court of Guangdong province.