Chinese court rejects Apple lawsuit over "iPad" name and pay 1.5 Billion Dollars

Apple has just suffered a setback in China as the Intermediate People Court in Shenzhen rejected its lawsuit regarding the iPad naming rights. Apple was suing the local Proview Technology for infringing its iPad trademark, but the outcome was not in its favor.

According to the court order, Apple cannot use the iPad name in China, which might turn out to be quite a big deal as the company is aiming for a rapid expansion in the Chinese market. To make matters worse, Proview Technology, which registered the iPad trademark in 2000, is now suing the Cupertino-based electronics giant, seeking 10 billion Chinese yuan ($1.5 billion) in compensation.