Proview reportedly rejects Apple’s settlement offer

Earlier this week, a report suggested Apple and Proview were far apart on a settlement for the iPad trademark in China. According to Sina, the difference between the two companies is about US$384 million. The report claims Apple offered Proview $16 million for the iPad name and the Chinese company rejected the offer. Proview reportedly wants $400 million from Apple so it can appease its creditors.

[Via The Next Web]

Proview reportedly rejects Apple’s settlement offer originally appeared on TUAW – The Unofficial Apple Weblog on Thu, 10 May 2012 17:45:00 EST. Please see our terms for use of feeds.

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