UPDATE 2-Taiwan chip giant TSMC cuts global smartphone outlook, sees weaker high-end demand

* Trims 2016 global smartphone view for 2nd time this year

* Demand still seen good from China, Android device makers

* Sees global smartphone shipments up 6 pct vs 7 pct prev

* Sees Q3 rev at T$254 bln-T$257 bln; Q2 rev T$221.81 bln

* 2016 capex revised up to range of $9.5 bln-$10.5 bln

(Recasts lede, adds executive comments on smartphones)

By J.R. Wu

TAIPEI, July 14 (Reuters) - Taiwan Semiconductor

Manufacturing Co (TSMC), the world's largest contract

chipmaker and an

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