Taiwan's TSMC keeps eye on China with $12 billion U.S. plant
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SHANGHAI/TAIPEI (Reuters) - In a race to position itself in the latest trade battle between the United States and China, Taiwan Semiconductor Manufacturing Co Ltd made it just under the wire.The world's biggest contract chipmaker unveiled plans for a $12 billion(9.83 billion pounds) plant in Arizona on Friday just hours before Washington outlined a proposal to amend tech export rules that could restrict TSMC's sales to China's Huawei.A U.S. Commerce Department official said TSMC's decision to..