China has caught up big time in the fab game over the past few years, though SMIC doesn&#x27;t have very much capacity for cutting-edge production and it is basically only manufacturing Qualcomm products for 28nm afaik. You&#x27;ll also notice they didn&#x27;t mention yields at all there, which are probably not very good for 28nm, but then again no one has good yields at first, they&#x27;ll catch up in time.