Proview reportedly rejects Apple's settlement offer

Earlier this week, a report suggested Apple and Proview were far apart on a settlement for the iPad trademark in China. According to Sina, the difference between the two companies is about US$384 million. The report claims Apple offered Proview $16 million for the iPad name and the Chinese company rejected the offer. Proview reportedly wants $400 million from Apple so it can appease its creditors.

[Via The Next Web]