Apple finally acquires the name `` iPad '' in China . The company alleges the negotiator concealed that he was working for Apple , gave a false name and said the company he represented was IP Application Development -- or IPAD , for short . Chinese authorities did n't recognize a deal Apple struck in 2009 . Company reportedly pays $ 60 million to Taiwan 's Shenzhen Proview Technology . Comment:
Apple finally acquires the name `` iPad '' in China . Chinese authorities did n't recognize a deal Apple struck in 2009 . Company reportedly pays $ 60 million to Taiwan 's Shenzhen Proview Technology . Comment: