22/02/2012 World Business Report


22/02/2012

Similar Content

Browse content similar to 22/02/2012. Check below for episodes and series from the same categories and more!

Transcript


LineFromTo

Who owns the iconic iPad name in China? A court in Shanghai decides

:00:05.:00:15.
:00:15.:00:15.

in the latest business is. -- news. A warm welcome, you are with World

:00:15.:00:22.

Business Report. The headlines: It a major challenge to Apple's iPad.

:00:22.:00:26.

A small Chinese company says it owns the name and rights to the

:00:26.:00:30.

iPad name them. A Shanghai court will decide.

:00:30.:00:40.
:00:40.:00:46.

How do you rebuild your business A Shanghai court has begun hearing

:00:46.:00:50.

a case brought by a Chinese technology firm seeking to halt the

:00:50.:00:57.

sale of Apple's iPads across Chinese cities. The company is

:00:57.:01:02.

accusing the US firm of trademark infringement. If the court ruled in

:01:02.:01:05.

favour of the company, it will eat into one of Apple's biggest markets

:01:05.:01:11.

in China. We cross to our reporter in Shanghai. Tell us more about

:01:11.:01:19.

this case. The company is they at once mighty technology company that

:01:19.:01:25.

has now fallen on harder times. In its heyday, it invented a rather

:01:25.:01:30.

clunky looking desktop computer that it caught the iPad. Only a few

:01:30.:01:34.

thousand were sold and it probably would have been consigned to the

:01:34.:01:39.

dustbin of computing history if it wasn't for that name. Apple says

:01:39.:01:43.

that it bought the global rights to the trade mark from the company

:01:43.:01:49.

back in 2009, but the company says that the deal did not include the

:01:49.:01:54.

rights to China. A court in Shanghai has already brought in

:01:54.:01:59.

favour of the company and while Apple appeals that ruling, the

:01:59.:02:03.

company is now asking courts in China to try and force companies to

:02:03.:02:07.

remove the iPad from sale. That is what is happening today in Shanghai,

:02:07.:02:12.

was serious consequences for Apple if that bid is successful. What are

:02:12.:02:15.

people saying about the likely outcome of this case going on in

:02:15.:02:25.
:02:25.:02:26.

Some people take the future that it is a struggling company trying to

:02:26.:02:34.

make money out of Apple. But if they did invent the trade mark, de

:02:34.:02:40.

arguments are still to be heard by the court here in Shanghai. It's

:02:40.:02:45.

the Appeal Court. They may decide that Apple has not been as thorough

:02:45.:02:50.

as it fought in securing the global rights but what is clear is there

:02:50.:02:57.

are enormously serious consequences for Apple if it loses. The market

:02:57.:03:02.

here for Apple is very significant, growing, selling millions of unpaid

:03:02.:03:09.

here every year enjoying a 75% share of the touch screen tablet

:03:09.:03:17.

computer market. We will speak to you again with more news. When it

:03:17.:03:24.

comes to changes from Hewlett- Packard having its Ayrshire of

:03:24.:03:29.

problems. The current chief has been at the helm for five months

:03:29.:03:35.

and shareholders are keen to see if she is working in the magic. The

:03:35.:03:41.

results around later today. We report from New York. She is back

:03:41.:03:45.

in the limelight charged with turning around the fortunes of an

:03:45.:03:50.

American icon. This is Hewlett- Packard. It's the full quarter of

:03:50.:03:58.

results since she took over as the CEO. She has a proven track record.

:03:58.:04:02.

She is credited with turning the day from a start-up into a

:04:02.:04:08.

powerhouse. But the pack but is a fresh challenge. They had three

:04:08.:04:15.

CIA's over the past few years. They are all searching for leadership.

:04:15.:04:20.

They're a complex company with personal computers and printers.

:04:20.:04:25.

It's also what top playing tex services. Experts say the company

:04:25.:04:32.

leaders had lost focus. It complicated because the path they

:04:32.:04:37.

have chosen is increasing in software. It is a hardware company.

:04:37.:04:44.

It's a hardware company with a huge business on phone-ins and

:04:44.:04:49.

requirements throwing they will add software. For investors, but change

:04:49.:04:54.

in strategy cannot come soon enough. She's have lost one third of their

:04:54.:04:59.

value. The company that began in a Californian garage seven decades

:04:59.:05:07.

ago clearly has staying power. an iconic company. It still has

:05:07.:05:12.

strong brand. It's the quintessential original Silicon

:05:12.:05:17.

Valley start-up company. It's been around for 70 years and it is a lot

:05:17.:05:23.

of history. A out a look into fresh ways to set itself apart from

:05:23.:05:29.

rivals amid fierce competition. They pulled out of the tavern at

:05:29.:05:36.

his best. It was dominated by Apple. She has her work cut out for. Other

:05:36.:05:46.

business news, Megaupload has been released on bail, they facilitated

:05:46.:05:52.

illegal downloads from the company. He was extradited from New Zealand.

:05:52.:05:59.

He has been in custody since January. ANC is any of that funds.

:05:59.:06:09.
:06:09.:06:10.

She's of Dell closed 4% lower. The revenue is down 7% this quarter.

:06:10.:06:15.

That is well below expectations. The computer industry has not

:06:15.:06:21.

emerged from the downturn. Sales for Dell work up 2% in line with

:06:21.:06:31.
:06:31.:06:31.

As you heard, when you grow at the question the quake wiped out huge

:06:31.:06:41.
:06:41.:06:42.

sections of that city. Large parts of the CBD were Indian businesses.

:06:42.:06:47.

For some companies it forced a change of perspective and has

:06:47.:06:51.

worked out for the better. We report from Christchurch. This was

:06:51.:06:56.

once a busy factory in question it. All that changed in seconds 1 euros

:06:56.:07:06.
:07:06.:07:06.

goat. You were here that day. What happened? It was very scary, be it

:07:06.:07:13.

quick, a lot of Morley's, shaking, frightened people. It got very dark.

:07:13.:07:18.

There was no liking will stop amongst them will is the roof came

:07:18.:07:24.

down. It is a very substantial Ruth. We had expensive machines in hear

:07:24.:07:29.

what a lot of money. The route started to fall down and everyone

:07:29.:07:33.

was running around Brighton. The first thought was to get everybody

:07:33.:07:40.

out. We made sure we did not get squashed. We stayed what we called

:07:40.:07:45.

in the next few hours. One year later it is bigger and better and

:07:45.:07:50.

production has doubled. It's a long way from those difficult weeks

:07:50.:07:57.

after the quake. Off this staff was at my house 20 miles away. We work

:07:57.:08:02.

with the computers we could find, to phone-ins Should, others work

:08:02.:08:09.

from home. Most of the staff had issues. They were home with their

:08:09.:08:16.

families. We kept the development going. Everyone has been about

:08:16.:08:22.

supporting this business. We have stayed here. This is where we up

:08:22.:08:32.

from. The first thing people needed to know what is that they had a job.

:08:32.:08:37.

Without the people we are nothing. An optimistic are you for that

:08:37.:08:42.

future for the company and the region? Widow from strength to

:08:42.:08:46.

strength. It's one of the only companies of this type in the

:08:46.:08:52.

southern-hemisphere. We export a lot. We have grown since the

:08:52.:08:58.

earthquake in terms of production and quality of the people and the

:08:58.:09:05.

market. Everybody is getting stuck into it. All the people that would

:09:05.:09:10.

have gone, have gone for recognisable reasons. Those that

:09:10.:09:15.

have stayed are getting stuck in and making it happen. It's about

:09:15.:09:20.

innovation, collaboration, all the things that make for a wood company.

:09:20.:09:26.

The recovery story in Christchurch is continuing. A mixed picture in

:09:26.:09:34.

Asia. The Nick I was up but has just come down slightly. Yesterday

:09:34.:09:39.

Download Subtitles

SRT

ASS