Originally Posted by AppleInsider
One day before deliberations are scheduled to begin over contested 'iPad' trademark rights in Shanghai, Chinese company Proview has said that it is preparing for out of court talks with Apple which could result in a settlement and bring an end to the prolonged dispute
And here, IMHO, is why they're talking settlement:
From a comment by Dan Butterfield over on Apple 2.0:
'via M.I.C. gadget "You may be shocked, the net current liabilities of Proview International amount to 2.87 billion Yuan (456 million U.S. dollars) and its overdue loans reach 3.8 billion Yuan (603 million U.S. dollars). Moreover, all of the Proview International assets, including the trademark IPAD, have been seized as mortgage to eight banks Bank of China,Minsheng Bank, China Development Bank, Guangdong Development Bank, Bank of Communications, Shanghai Pudong Development Bank, Huaxia Bank and Shenzhen Ping An Bank. On November 1 2011, the eight creditor banks of Proview convened a meeting to discuss the negotiation with Apple on the trademark dispute. Since Proviews assets have been frozen by the banks, the eight banks become the beneficiaries of the iPad trademark.".... "So, now you know why Proview is putting so much efforts to get a huge-sum compensation from Apple. The compensation could be the last hope to help rescue the company.""
What this says to me is that the banks are the major driving force behind this dispute. However, just yesterday, we got this little gem from Apple:
"On behalf of Apple, we formally reserve all rights to take further legal action against any individuals and entities for any damages that may result from defamatory statements and unlawful actions intended to wrongly interfere with Apple's business and business relationships."
Now, if Apple is seriously boycotted and is "damaged" by this dispute, then you can bet your bottom dollar that Apple is going to go after those banks for restitution. Now we're talking REAL money!
I think Apple just scared the living cr*p out of those banks.