I dont want rumor. I want real progress with evidence. Where is N+1,2,3,4,5 they talked about since 2 years ago. Atleast SMIC should do 12nm for small progress instead stuck and stay 14nm like forever. Forget  about 7nm or euv just do atleast 12 nm.
		
		
	 
@Annihilation98 Happy to comply and an excerpt for your perusal.
The model is not without caveats though: a modern fab can easily cost well over $10 billion and municipalities may not be inclined to invest half of that sum. As a result, SMIC has to apply to the state government for help. For example, SMIC got 
 from 
 back in May to ramp up production using its
 12nm and 14nm fabrication processes in Shanghai. SMIC lost its majority stake in the SMSC company which owns the Fab SN1 as a result of the investment, but will naturally continue to operate the plant.
Jul 15, 2020 — For example, 
SMIC got $2.25 billion from two Chinese funds back in May to ramp up 
production using its 
12nm and 14nm 
fabrication processes ...
And the mythical SN2 FAB
Feb 7, 2021 — Through the project list, 
SMIC will be able to set up its 
SN1 12-inch (300mm) wafer 
production line and it will be joined by Huali ...