News Snapshot:
Apple’s plans to make at least half of all iPhones sold globally in India by 2027 got a major boost this week. More than a dozen of Apple’s Chinese suppliers have been given preliminary approval by the government of India to establish their businesses here, assisting the Cupertino-based tech giant in its quest to expand the geographic scope of its manufacturing network outside China. A unit of lens manufacturer Sunny Optical Technology Group and AirPods and iPhone assembly company Luxshare Precision Industry has been approved, according to people with knowledge of the situation who asked to remain anonymous since the...