EXHIBIT 21

SUBSIDIARIES

The following is a list of the Company's subsidiaries:

PERCENTAGE OF VOTING
SECURITIES OWNED BY
ORGANIZED REGISTRANT AS OF
UNDER LAW OF NOVEMBER 1, 1997
------------ ----------------

Analog Devices Limited United Kingdom 100%
Analog Devices, GmbH Germany 100%
Analog Devices, S.A. France 100%
Analog Devices, K.K. Japan 100%
Analog Devices APS Denmark 100%
Analog Devices Nederland, B.V. The Netherlands 100%
Analog Devices International, Inc. Massachusetts 100%
Analog Devices Israel, Ltd. Israel 100%
Analog Devices A.B. Sweden 100%
Analog Devices SRL Italy 100%
Analog Devices, HDLSGESMBH M.B.H. Austria 100%
Analog Devices Korea, Ltd. Korea 100%
Analog Devices, B.V. The Netherlands 100%
Analog Devices Finance N.V. Netherlands Antilles 100%
Analog Devices Holdings, B.V. The Netherlands 100%
Analog Devices Research & Development Ltd. Ireland 100%
Analog Devices (Philippines), Inc. The Philippines 100%
Analog Devices Foreign Sales
Corporation, B.V. The Netherlands 100%
Analog Devices Foundry Services, Inc. Delaware 100%
Analog Devices Asian Sales, Inc. Delaware 100%
Analog Devices Taiwan, Ltd. Taiwan 100%
Analog Devices Ireland, Ltd. Ireland 100%
Analog Devices Hong Kong, Ltd. Hong Kong 100%
Analog Devices Pty, Ltd. Australia 100%
Analog Devices India Private Limited India 100%
Analog Devices Gen. Trias, Inc. Philippines 100%
Analog Devices International Financial Services Company Ireland 100%
Analog Devices Foreign Sales Corporation Barbados 100%
Mosaic Microsystems Limited United Kingdom 100%
Analog Development (Israel) 1996 Ltd. Israel 100%
Analog Devices (China) Co. Ltd. China 100%
Analyzed Investments, Ltd. Ireland 54%
Analog/NCT Supply Ltd. Delaware 50%
Analog Devices Realty Holdings, Inc. Philippines 40%
WaferTech, LLC Delaware 18%
Analog Supplies Company Japan 15%