Workers at iPhone maker Foxconn Technology and Huawei among those affected
Huawei Technologies
Sales slide 29% in 2021 as Joe Biden maintains Trump-era restrictions
The two had been arrested days after detention of Meng Wanzhou in Vancouver
Company generated revenue of €41.96 bn in first half of 2021
Shortage comes as consumer demand bounces back from the coronavirus crisis
Precipitous drop predicted for the company that was ranked as the world leader in shipments
US bars any chipmaker using American equipment from supplying Huawei without government approval
Beijing asserts it will defend the rights of Chinese businesses amid new US restrictions