SAN JOSE, Dec. 27 -- Manufacturing will surge in China in the next three years, provided the nation isn't overcome by social and political issues, says a new report. Semiconductors, product assembly and design services will all share in the gains, says iSuppli (www.isuppli.com).

China's share of the global semiconductor market will grow 50% by 2008, rising to 22% from its current 14%, the firm says. Sales of manufactured products will also grow 50%, to $301 billion in 2008, various news reports quoted Byron Wu, China chief manager and senior analyst.

EMS revenues will more than double, going from $18 billion last year to $45 billion in 2008, good for a 28% global share, the report said. ODM revenues, another burgeoning segment, will grow to $108 billion, from $40 billion last year. By 2008 China will have 75% of the global ODM market, iSuppli said.