Apple not interested in buying Manchester United: report

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Tech giant Apple has no intention of buying Premier League club, Manchester United. As MacRumors reports, the report was false, according to a source with direct knowledge of the matter. The club recently announced that its board planned to “explore strategic options”, including a possible sale of the club. The announcement of top player Cristiano Ronaldo leaving Manchester United coincided with the release of the information. While the tech giant has no plans to buy the club, reports say it is pushing for sporting content.

Earlier, a report claimed that the tech giant had shown interest in buying Manchester United for around $7 billion. Meanwhile, it was confirmed that Manchester United owners the Glazers had decided to put the club up for sale, 17 years after the American family bought United. The Glazers bought the club in 2005 but the latter became extremely unpopular.

Recently, Indian Telecom and IT Minister Ashwini Vaishnav announced that the largest iPhone manufacturing unit will be set up in Hosur near Bengaluru and it will employ around 60,000 people. The minister also informed that at least 6000 tribal women living around Ranchi and Hazaribagh have been trained to make iPhones.

“Apple’s iPhone is now being made in India and it’s biggest plant in India is being set up at Hosur near Bengaluru. 60,000 people work in one factory,” said the minister. “Out of these 60,000 workers, the first 6,000 workers are our tribal sisters from around Ranchi and Hazaribagh. Tribal sisters have been trained to make Apple iPhone.

Apple currently manufactures most iPhones in China, but over the past few months, it has reportedly been in the process of moving production to other countries such as Vietnam. Ongoing supply chain issues and geopolitical tensions between the US and China could be the major factors behind this. iPhone units produced in China accounted for 95 percent of global shipments in 2021 and about 98 percent in 2020, according to Counterpoint Research, but the contribution is likely to decline to between 91.2 and 93.5 percent this year.

 

(With inputs from IANS)

The post Apple not interested in buying Manchester United: The report appeared first on BGR India.



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