|Feb 5, 2013, 02:40 PM||#1|
Firm Owning 'IPHONE' Trademark in Brazil Open to Selling Mark to Apple
Brazilian electronics maker IGB Electronica SA, which owns the trademark to 'IPHONE' in Brazil, has said it is willing to discuss selling the trademark to Apple following the launch of a line of Android phones bearing the 'IPHONE' mark in that country.
Apple has sold the iPhone in Brazil for several years, but with this ruling it appears Apple will need to negotiate with IGB for the right to use the 'iPhone' mark. A similar situation occurred in China last year. Proview Technology owned the Chinese trademark to "iPad" and eventually sold the mark to Apple for $60 million.
Article Link: Firm Owning 'IPHONE' Trademark in Brazil Open to Selling Mark to Apple
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