单选题 Apple Inc. has agreed to pay $60 million to
Proview Technology (Shenzhen) to settle their dispute over the iPad trademark in
the Chinese mainland, the high people's court of Guangdong province announced
Monday. Apple has transferred the money to the account
designated by the Guangdong higher court, and the Intermediate Court of Shenzhen
on Monday notified the State Administration for Industry and Commerce to
transfer the iPad trademark to Apple, the higher court said. The court said the
settlement agreement went into effect on June 25. "All parties
involved have agreed on the settlement. Proview and Apple now no longer have a
dispute over the iPad trademark," said Xie Xianghui, a lawyer for Proview
Shenzhen, a debt-ridden manufacturer of computer screens and LED lights based in
Shenzhen. Proview Shenzhen had previously claimed that the
Taipei subsidiary of its Hong Kong-based parent company, Proview International
Holdings Ltd, registered the iPad trademark in a number of countries and regions
as early as 2000. Though Apple bought the rights to use the iPad trademark from
Proview Taipei in 2009, Proview Shenzhen said it reserved the right to use the
trademark it registered on the Chinese mainland in 2001. The two sides have
since been entangled in a drawn-out legal battle. Guangdong's
higher court heard the case in February, as Apple and its proxy for the
trademark purchase appealed a previous court ruling by the Shenzhen intermediate
court in favor of Proview Shenzhen. In June, Proview Shenzhen
was brought to court in a bankruptcy case. Its creditors demanded that the court
have the company liquidated, as it took a tumble in the 2008 global financial
crisis and allegedly owed more than $400 million to eight Chinese banks,
according to media reports. The sum in the Apple settlement is
not enough for Proview Shenzhen to repay its debts, but experts say the
trademark case settlement can help Apple seize huge market opportunities in
China. Otherwise, the US tech giant might not have been able to sell its popular
tablet computers in the Chinese mainland. China is Apple's
second-largest market after the United States. China contributed $7.9 billion,
or about 20 percent of Apples' revenues, during its second fiscal quarter in
2012, the company said. Apple's iPads have become so popular among the country's
younger generation that parents worry that kids growing up with iPads glued to
their hands will be more likely to become near-sighted, physically weak and
socially inactive. Market observers predict that when Apple's
latest version of the iPad hits the Chinese mainland market, fans will snatch up
the product so fast that it will be out-of-stock for most of the year.
Meanwhile, more units of the iPad 2 will be sold when the more recent version is
launched, forcing a price-cut.
单选题
What is the main idea of the passage?
A. Proview Shenzhen reserved the right to use the trademark it registered in
mainland China.
B. Apple payed $60 million to Proview to settle the dispute over the iPad
trademark.
C. Apple Inc. bought the rights to use the iPad trademark from Proview
Taipei.
D. Apple's iPads have been very popular with China's younger
generation.
【正确答案】
B
【答案解析】
单选题
What is the meaning of the word "debt-ridden” in Paragraph 3?
A. Heavily in debt.
B. Out of debt.
C. With a little debt.
D. Nearly out of debt.
【正确答案】
A
【答案解析】
单选题
Which of the following sentences is NOT true?
A. China is Apple's second-largest market.
B. Proview Shenzhen previously owed $400 million to Chinese banks.
C. Chinese parents show concern towards the impact of iPads on their
kids.
D. The latest version of the iPad will receive great enthusiasm.
【正确答案】
B
【答案解析】
单选题
What would happen if Apple did not settle the trademark case?
A. Apple would lose nothing.
B. Apple would give up the Chinese mainland market.
C. Apple would gain no access to the Chinese mainland market.
D. Apple would not seize huge market opportunities in China.
【正确答案】
D
【答案解析】
单选题
What is the author's attitude in writing this article?