Basketball mega-star Michael Jordan yesterday won part of his trademark suit against a China-based sportswear company, following a years-long struggle for control over the rights to his Chinese name.
In a ruling by the Chinese Supreme People’s Court, Qiaodan Sports Co (喬丹體育), based in Fujian Province, must stop using the Chinese characters “Qiaodan” on its merchandise, according to a transcript of court records posted on an official Web site.
The word is a Chinese rendering of the athlete’s name widely known by Chinese consumers.
Photo: AFP
The supreme court did not stop the company from using phonetic spellings of Jordan’s Chinese name using the English alphabet, however, saying that they do not infringe on his right to use his name in the country.
“I am happy that the Supreme People’s Court has recognized the right to protect my name through its ruling in the trademark cases,” Jordan said in a statement provided by his Chinese representative.
“Today’s decision ensures that my Chinese fans and all Chinese consumers know that Qiaodan Sports and its products have no connection to me,” Jordan said.
The former Chicago Bull asked Chinese authorities in 2012 to revoke the Chinese company’s trademarks, which featured a similar name and logo to Jordan’s Nike Inc-produced brand.
The six-time NBA champion accused the Chinese company of misleading consumers about its ties to him by using the name along with a silhouette of a leaping basketball player resembling the “Jumpman” logo used by US sporting goods giant Nike to promote its Air Jordan brand.
Jordan filed his appeal to China’s highest court after having his claims rejected by two lower courts.
Jordan is arguably the most popular international basketball star in China. He retired from the sport in 2003.
China has long been seen as a counterfeiters’ haven and has constantly been criticized by its trade partners over lax protection of intellectual property rights.
It remained on this year’s US Priority Watch List of trading partners that fail to protect such rights, despite “welcome developments... [in] legal and regulatory reform efforts, and encouraging developments in individual cases in China’s courts.”
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) has approved a capital budget of US$31.28 billion for production expansion to meet long-term development needs during the artificial intelligence (AI) boom. The company’s board meeting yesterday approved the capital appropriation plan for purposes such as the installation of advanced technology capacity and fab construction, the world’s largest contract chipmaker said in a statement. At an earnings conference last month, TSMC forecast that its capital expenditure for this year would be at the higher end of the US$52 billion to US$56 billion range it forecast in January in response to robust demand for 5G, AI and
NEW MARKET: The partnership opens up India to the Dutch company, which already has a strong hold in the semiconductor market of South Korea, Taiwan and China ASML Holding NV entered into a partnership agreement with Tata Electronics Pvt Ltd aimed at ramping up India’s goal to develop domestic chip-manufacturing capabilities. The Dutch company’s technology would help power Tata Electronics’ planned 300 millimeter (mm) semiconductor foundry in Gujarat, according to a joint statement from the two companies on Saturday. The signing of a memorandum of understanding coincides with a visit by Indian Prime Minister Narendra Modi to the Netherlands, which is looking to deepen bilateral relations with New Delhi. ASML, whose top customers include Taiwan Semiconductor Manufacturing Co (台積電) and Samsung Electronics Co, makes lithography machines that can print
PORTFOLIO REBALANCING: The adjustments in three global equity indices reflect rising investor appetite for semiconductor and artificial intelligence-related stocks Taiwan’s weighting in major global equity indices compiled by MSCI Inc is to rise modestly following the latest quarterly review, underscoring the market’s expanding role in emerging-market portfolios, as global investors continue to favor the nation’s technology sector. Taiwan’s weighting in the MSCI Emerging Markets Index is to increase by 0.30 percentage points to 23.76 percent, after the changes take effect at the close of the May 29 session. Its weighting in the MSCI All-Country Asia ex-Japan Index is to rise 0.37 percentage points to 27.16 percent, while that in the MSCI All Country World Index is to edge up slightly to
The Hsinchu County Government’s Labor Affairs Department yesterday said that it has received a plan from cosmetics brand Taiwan Shiseido Co (台灣資生堂) detailing mass layoffs at its plant in Hukou Township (湖口). While the labor authorities did not disclose the number of employees to be laid off, Japanese news media earlier in the day reported that the closure of the company’s factory in Hukou would result in 170 employees losing their jobs. Shiseido followed the law by reporting its layoff plan, the department said, adding that authorities would closely monitor negotiations between the management and affected employees and step in if any