After settling a longstanding trademark earlier this year over the name “iPad,” Apple has seen a big increase in iPad sales in China.
Proview, a Chinese company, had “iPad” registered years before Apple unveiled the iPad back in 2010. For the last few years the two companies have disagreed on settlement terms, but Apple finally resolved the issue by paying Proview $60 million to secure the name. Since the settlement was reached in July, iPad sales have increased 80% in China according to one analyst.