News Snapshot:
Some iPhone users will start seeing a new country name engraved on the back of their devices. Apple this week said it will begin manufacturing its new iPhone 14 models in India instead of China, marking one of the company’s most significant detours away from the country amid an industry re-evaluation of relationships with Chinese supply chains. “The new iPhone 14 lineup introduces groundbreaking new technologies and important safety capabilities,” Apple said in a statement first seen by CNBC. “We’re excited to be manufacturing iPhone 14 in India.” Foxconn, one of Apple’s major assemblers, will reportedly ship the devices out...
