China’s Impact on the Semiconductor Industry: 2006 Update, Alan S. Morrisson, Ed Pausa et al, PriceWaterhouseCoopers, New York, January 2007, pdf, 76 pages
The PriceWaterhouse Coopers (PWC) Technology Center has been doing a series of reports on the semiconductor industry in China since 2004 and, as an apparent part of a bigger thought-leadership program has been releasing a chunk of their research on the industry to the world for free.
The most recent update, covering 2006, provides an excellent overview of the condition of the industry, and a first-level review of some of the drivers of the business. The focus is quantitative, and while the industry could use some good quantitative analysis, there are enough critical qualitative factors around the industry in China to merit an entirely separate publication. As such, the report is not a comprehensive look at the industry and its prospects.
Nonetheless, I find it invaluable, and highly recommend it.