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Apple Close to Settling Brazilian iPhone Trademark Dispute
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Apple is reportedly close to settling its trademark dispute in Brazil with IGB Eletronica, who not only own the iPhone trademark, but also sell an Android based smartphone under the iPhone name.
Last December, IGB Eletronica's subsidiary company, Gradiente started sales of its own iPhone branded smartphone after it won a court case securing ownership of the brandname in the country.
Gradiente originally registered the iPhone brandname in Brazil back in 2000, and this was expanded to include mobile phones in 2008, and crucially its application preceded Apple's.
The company has the exclusive rights to the iPhone brandname in Brazil until 2018.
Citing Brazil's largest daily, Folha de São Paulo, Forbes reported that both companies have agreed to end the lawsuit over iPhone and come to some sort of "pacific agreement,"
The settlement is not unexpected as Apple had previously agreed to pay a fee to secure the brandname of its iPad in China after it faced lawsuits from the trademark owner, and chose to settle to conclude the matter quickly.
On the web: Forbes
Tags: [apple iphone] [Brazil]
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