Certainly looks like he is to me. If not at the apex then it is right after. It certainly isn’t “late in the corner”. Albon was far enough ahead to be hit on the rear wheel, he didn’t have to move to avoid contact, it was on Lewis to avoid contact and he didn’t. I don’t see how anyone could argue against a 5 second penalty for that
Here's the apex:
The two cars are almost completely alongside each other, with Albon ahead by about the diameter of a wheel. With the cars alongside each other, the inside driver is allowed to follow a normal racing line, but ensuring the car attempting the overtake has at least a car's width on the outside. What makes this unusual is the amount that Albon gets ahead in the next half second, bringing his car to here:
Immediately before the impact. But look: there's clear track between Albon and the white line. Hamilton has left him space! And that's all that he's required to do in a situation like this. Albon caused the accident by bringing his car onto too tight a line and into the trajectory that Hamilton would inevitably take round the corner. It's unfortunate that the on-board for Albon doesn't seem to have been working during this race so we can't see it from his point of view, but Hamilton's onboard shows nothing amiss: he's on full lock, looking along the track, and taking his car round on a line that leaves fair space on the outside.
I think the thing that leads people to think differently about this is the amount faster that Albon was. Usually in a case like this you wouldn't see this amount of speed differential, and so Albon being well ahead at the impact point leads people to think that he was well ahead through the move and would thus have the right to the racing line, but he wasn't so he didn't. Instead he had the right to be left space and he was.