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The company that registered the “iPad” trademark in China doesn’t just want to...
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Tuesday, February 14, 2012, 11:58 AM ETThe company that registered the “iPad” trademark in China doesn’t just want to keep Apple (AAPL) from selling its device inside China; now it wants to keep Apple from shipping iPads across China’s borders as well. Proview’s request comes a day after officials in one Chinese city confiscated iPads from local resellers, and a week after it filed suit to stop Apple from using the iPad name in China.
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And why did it take so long for the other guys to notice that their "iPad" name had been "stolen"? The delay can only be seen as bad faith in letting Apple get way committed before trying to blackmail them.
Now FoxConn's move to Brazil makes even more sense.
- threaten to move production away from China, but this would threaten an enormous potential market.
- call the iPad a different name in China. ChinaPad, ApplePad etc
- get FoxConn to pull some local strings
- some may say; put enough money in the RIGHT pockets, i.e. Fat Red Packets for Chinese New Year.
PS - HongKong was already part of China when APPLE bought the patent.
PPS - Fix this hiccup, and you will never see the stock under $500 again.
They already have 50% of the down payment and issue 5% bonds for the balance and then rule the world!
T should be bought for this possibility.