I wounder why do you guys even look at this. 1) It's ARM based chip, nothing like a real CPU 2) They would be produced by TSMC like any other chips, so it's nothing like a "Mother Russia's CPU" produced by bears on Kalashnikov's factory, with CB at 40C (if you know what I mean) 3) This info it's just a conception that isn't even resulted in any certain plan. And even if it will, it would take so many time so 16nm would get old to that moment. 4) And the last one, the most sad thing is that any large project in Russia instantly gets consumed by corruption. The funds values are serious and there's no chance for no one would use the situation for his own good. That would not help the project in any way, obviously.
The issue is the initial motivation. Recent events have made Russia to suddenly realize we don't produce anything expect gas, oil and vodka (I don't mean it is exactly so, but you get what I mean). That made us to came up with a set of decisions to "reduce our dependence from export goods"/ That's one of them.
Seems to be a good point, but as everything made in hurry, it's gonna be made bad.