Apple To Pay $60 Mil. To Settle Dispute In China

Photo taken on July 2, 2012 shows an iPad 2 displaying the news about iPad trademark dispute in an Apple store in Hangzhou, capital of east China’s Zhejiang Province. Apple Inc. has agreed to pay 60 million U.S. dollars to Proview technology (Shenzhen) to settle the dispute over the iPad trademark, the Higher People’s Court of Guangdong Province announced Monday. <Xinhua/Long Wei>

news@theasian.asia