Proview Seeks to Kill Apple: Requests iPad EXPORT Ban
2/14/2012 by: Theo Valich
ProView Technology, former display and currently one of world's largest LED lighting manufacturers decided to raise up the ante over the "iPad" trademark name and has requested an export ban for the product. After winning the lawsuit in Chinese court which invalidated the original trademark agreement between Taiwanese subsidiary of ProView made several years ago, ProView Technology decided to go for the jugular.
Yesterday, we have received information that Chinese authorities are starting to pull iPads off shelves in Apple Stores and general electronics stores in China. Furthermore, ProView is planning to file an official request with the Chinese Customs to ban all imports and exports of all iPad devices "due to a dispute over ownership of the trademark".
The verdict was delivered in December, and last week we saw a Chinese court denying the appeal Apple lawyers made. Unless a settlement is brought to the table, ProView's lawyers are seeking for blood. Xie Xianghui, a lawyer for the Proview Technology stated that the company is:
"Working on a request to China Customs to ban and seize all the import and export of the iPad products that have violated the trademark."
If granted, this request will bring a manufacturing and distribtion of iPad to a standstill on a worldwide level. The only place in the world where Apple makes its iPads is southern China, where Hon Hai Precision Industry Co., Ltd - more known worldwide under its English name Foxconn - is making all the iPads.
Bear in mind that ProView Technology is looking for approximately $1.5-1.6 billion in damages (sum varies between $1.54 and $1.6 billion by RMB:USD exchange rate), and the company isn't afraid to flex all the legal muscle it can get. In closure of this developing story, we might add that Apple might regret the day when now late Steven Paul Jobs said to U.S. President Barrack Hussein Obama "those (manufacturing) jobs aren't coming back (to America)."
China will protect Chinese companies, not American ones... and invalidate deals made with Taiwanese subsidiaries...
Apple, AAPL, Proview, Proview Electronics, Proview Technology, Proview Shenzen, ProView, Foxconn, Hon Hai, Hon Hai Precision Manufacturing Co, China, Taiwan, Shenzen, Hong Kong,
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