[webinarian]

Today,  China does not have 5-7 nm chip fabrication plants because foreign companies are aware of their technology being stolen and they always keep the latest technology in their own country and move only obsolete and old technology to China.  China will have to learn them from scratch to pick up this technology.

Yes. 5-7 nm chips are used in hand phones because mobile phones' circuit boards are just the size of finger nail size. But circuit boards are used not just in mobile phones, they are used in all the high tech equipment including air-con system, vehicles, alternative power, artificial intelligence system, missiles, weapons, outer space stations, etc etc.  

Just like Boeing lost the order of 292 aircraft, US chips will lose the market of chips in the next few years. China is the biggest market for chip and semi-conductors. China set the target supplying 70% chips in China market and may reach by end of 2022. When that is achieved, US chips will only supply to 30% or lesser in China's market.   

Gradually, US will see loss of chips sale in the years to come. China is also developing chips of 5 nm and below and US loss of market will even be more.  

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