The path is well understood. They are moving along it very well.
You can dissect every word of every line in every report or look at the plan.
Oh alright,
1. "Industry participants" are just that, until they become "Industry partners".
2. SP devaluation has to happen, in the short term, to get to key points that revalue the company upwards.
3. Everybody knows they just started on 28nm. Why are you calling this out as not achieved yet. We already know that and its clear from the path it was never going to be now.
4. Process optimisation is a key step in new chip development. Between first silicon and the final cut this optimisation phase is very important, potentially increasing yield, dropping variability, improving layout and most importantly making scaling down easier.
I gather you are a glass is bone dry kind of person.
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