They did say the Beijing fab is also operational and that they will have 280k wpm by end of this yr. Which is a lot. If you have a fully expanded hefei and Beijing location, that’s probably 500k wpm and 25% market share.I doubt TEL will be necessary. I am much more concerned about lithography although SiCarrier supposedly has immersion machines.
Phase III for CXMT will likely take one year to build the fab shell and six months to move the tools in.