Apple may face 'sky-high' fines

On the heels of a court judgment last December in Shenzhen, Guanghdong province that ruled against Apple over an iPad icon trademark dispute, the US-based corporation could face paying "sky-rise fines" to industrial and commercial administrations, according to local media reports.

The other party in the wrangle - flat screen maker Shenzhen Proview Technology - filed with the Xicheng branch of the Beijing Administration for Industry and Commerce early in 2011 claiming that Apple stood in violation of its trademark iPad.

The Xicheng branch held jurisdiction over an Apple store in the Joy City shopping mall. There are five official Apple stores on the mainland with two located in Beijing and three in Shanghai.