Original iPad; Proview iPad

Along these lines, have you been emulating the iPad debate in China? Pondering precisely who or what this Proview outfit is and what they're doing with a trademark on the iPad name? Well, consider no more associates. The community in fact stylized the name as iPAD, and it stood for Internet Personal Access Device. They hit the business route over in 1998 and weren't tablets, but in with no reservations-one PCs that looked an atrocious parcel like an additional machine that appeared that year--the iMac. Over the course of a decade Proview prepared amidst 10,000 and 20,000 of he 15-creep CRT desktops, before caving in 2010 and relinquishing its Shenzhen plant, much obliged to some degree to the financial emergency overwhelming the globe. The majority of its stakes, incorporating the iPAD trademark are now the property of eight diverse monetary institutions and its deferred payments outpace $1 billion, which possibly clarifies why the ensemble is mandating so far cash from Apple.

Proview iPad Past and Present

Rights conference held in Shenzhen Proview attracted great concern to the packed conference room, a conference room in the the Guoco law firm Beijing office, more than 60 media, many media only station finally arrived participate in a meeting at the door.

Yang Rong Mountain, founder of Proview opening the Proview production iPad product. According to him, the iPad is a product name (full name is the internet the Personal Access the Device), is also a trademark. Proview in the second half of 1998 the company began to design the iPad product R & D investment over 30 million dollars.

Many years ago, Proview was the world’s fourth-largest flat-panel monitor manufacturer, and the company was making old-skool CRT and LCD monitors mostly for sale in developing markets. Today, Proview is on the verge of bankruptcy and needs a big settlement from Apple. Looking at the following pictures of Proview’s abandoned plant in Shenzhen Yantian district, you will know why Proview is retaliating against Apple in full force.

According to the local media, Proview’s facilities in Shenzhen have already been “deserted” since 2010. The computer monitor manufacturer settled in Shenzhen in 1991, and later stationed in the Yantian district in 1994. At that time, the plant hired 5,000 workers to spend long hours at monotonous tasks on assembly lines. A security guard who worked four long years at the Yantian district told the local press that workers at Proview made good wages at that time. However, in 2010, the plant did not plan to hire workers, leading some existing workers to withdraw from the workforce. Later that year, Proview transformed to a debt-laden Chinese technology firm after losing money because of global financial crisis.

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 seize:d 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 Proview’s 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.

source: http://micgadget.com/22093/explore-proviews-abandoned-facilities-in-shenzhen/

http://www.engadget.com/2012/02/18/introducing-the-original-ipad/