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Tech bellwether TSMC sees light ahead despite stormy geopolitics

Chipmaker says bottom has passed, while Japan-Korea spat emerges as new risk

TSMC helps Huawei, Apple, Qualcomm and other companies put advanced chip designs into production. (Nikkei montage/Reuters)

TAIPEI -- Taiwan Semiconductor Manufacturing Co., the world's biggest contract chipmaker, on Thursday said the trade uncertainties surrounding the industry have obscured prospects for even modest earnings growth later this year.

CEO C.C. Wei declined to say whether the company stands by its earlier forecast of zero-to-3% growth for the second half.

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