Exhibit 21

SPANSION INC.

LIST OF SUBSIDIARIES

as of December 31, 2008



|                                                      |  |                                                        
|----------------------------------------------------- |  | -------------------------------------------------------
|Name of Subsidiary                                    |  | State or Jurisdiction in WhichIncorporated or
Organized
|Domestic Subsidiaries                                 |  |                                                        
|                                                      | 
|Spansion Technology, Inc.                             |  | Delaware                                               
|                                                      | 
|Spansion LLC(1)                                       |  | Delaware                                               
|                                                      | 
|Spansion International, Inc.(2)                       |  | Delaware                                               
|                                                      | 
|Cerium Laboratories LLC(2)                            |  | Delaware                                               
|                                                      | 
|Foreign Subsidiaries                                  |  |                                                        
|                                                      | 
|Spansion (China) Co. Limited(3)                       |  | China                                                  
|                                                      | 
|Spansion (EMEA) SAS(2)                                |  | France                                                 
|                                                      | 
|Spansion Japan Limited(2)                             |  | Japan                                                  
|                                                      | 
|Spansion (Penang) Sdn. Bhd.(2)                        |  | Malaysia                                               
|                                                      | 
|Spansion (Kuala Lumpur) Sdn. Bhd.(2)                  |  | Malaysia                                               
|                                                      | 
|Spansion Holdings (Singapore) Pte. Ltd.(2)            |  | Singapore                                              
|                                                      | 
|Spansion Asia Holdings (Singapore) Pte. Ltd.(2)       |  | Singapore                                              
|                                                      | 
|Spansion (Thailand) Limited(2)                        |  | Thailand                                               
|                                                      | 
|Saifun Semiconductors Ltd.(2)                         |  | Israel                                                 
|                                                      | 
|Spansion Semiconductor Trading (Shanghai) Co. Ltd.(4) |  | China                                                  
|                                                      | 
|Saifun (BVI) Ltd.(5)                                  |  | Israel                                                 
|                                                      | 
|Tulip Semiconductor Holdings (2005) Ltd.(5)           |  | Israel                                                 
|                                                      | 
|Tulip Semiconductor L.P.(5)                           |  | Israel                                                 
|                                                      | 
|Tulip Semiconductor Ltd.(5)                           |  | Israel                                                 
|                                                      | 
|Saifun Semiconductors USA, Inc.(5)(6)                 |  |                                                        



|(1) | Subsidiary of Spansion Inc. (60 percent) and Spansion Technology, Inc. (40 percent)
|--- | -----------------------------------------------------------------------------------



|(2) | Subsidiary of Spansion LLC
|--- | --------------------------



|(3) | Subsidiary of Spansion Holdings (Singapore) Pte. Ltd.
|--- | -----------------------------------------------------



|(4) | Subsidiary of Spansion Asia Holdings (Singapore) Pte. Ltd.
|--- | ----------------------------------------------------------



|(5) | Subsidiary of Saifun Semiconductors Ltd.
|--- | ----------------------------------------



|(6) | Dissolved as of February 18, 2009 in Delaware; withdrew as a corporation qualified to do business as a foreign
corporation in California on January 14, 2009.
|--- | -------------------------------------------------------------------------------------------------------------------------------------------------------------