EXHIBIT 21


                          SUBSIDIARIES OF THE COMPANY

 
 
                                                         Jurisdiction of
Name                                                     Incorporation
                                                       
Kulicke and Soffa AG                                     Switzerland
                                            
Kulicke and Soffa (Asia) Ltd.                            Hong Kong
                                            
Kulicke and Soffa (Japan) Ltd.                           Japan and Delaware
                                            
Kulicke and Soffa (Israel) Ltd.                          Israel
                                            
Kulicke and Soffa Investments, Inc.                      Delaware
                                            
Micro Swiss Ltd.                                         Israel
                                            
Kulicke and Soffa Leasing, Inc.                          Delaware
                                            
Kulicke & Soffa Singapore Inc.                           Delaware
                                            
Kulicke & Soffa Export Inc.                              Barbados
                                            
Circle "S" Industries, Inc.                              Alabama
                                            
American Fine Wire Corporation                           Alabama
                                            
American Fine Wire Ltd.                                  Cayman Islands
                                            
Mueller Feindraht, AG                                    Switzerland