Exhibit 8

Subsidiaries

As of September 30, 2006 (data to US GAAP)



|                                                                  |  |                            |  |                               |   |  |                     
|----------------------------------------------------------------- |  | -------------------------- |  | ----------------------------- | - |  | --------------------
|Affiliates                                                        |  | Equity capital( thousand) |  | Earnings (Losses)( thousand) |   |  | Equityinterest(in %)
|Germany                                                           |  |                            |  |                               |   |  |                     
|Ernst Herrmann Ingenieur AG & Co. KG, Berlin                      |  | 4,428                      |  | 2,628                         |   |  | 100                 
|Herrmann Beteiligungs GmbH, Berlin                                |  | 31                         |  |                              |   |  | 100                 
|                                                                  |  |                            | 
|Europe without Germany                                            |  |                            |  |                               |   |  |                     
|EPCOS OHG, Deutschlandsberg, Austria                              |  | 51,149                     |  | (30,254                       | ) |  | 100                 
|                                                                  |  |                            | 
|EPCOS Verwaltungsgesellschaft m.b.H., Deutschlandsberg, Austria   |  | 84                         |  | 3                             |   |  | 100                 
|                                                                  |  |                            | 
|EPCOS Lagerbetriebsgesellschaft m.b.H., Deutschlandsberg, Austria |  | 49                         |  | 9                             |   |  | 100                 
|                                                                  |  |                            | 
|EPCOS Electronic Components S.A., Málaga, Spain                   |  | 2,220                      |  | (6,264                        | ) |  | 100                 
|                                                                  |  |                            | 
|EPCOS s.r.o., Sumperk, Czech Republic                             |  | 8,428                      |  | (125                          | ) |  | 100                 
|                                                                  |  |                            | 
|EPCOS SAS, Saint Denis, France                                    |  | 491                        |  | (662                          | ) |  | 100                 
|                                                                  |  |                            | 
|EPCOS Elektronikai Alkatrész Kft., Szombathely, Hungary           |  | 30,973                     |  | 13,405                        |   |  | 100                 
|                                                                  |  |                            | 
|EPCOS UK Ltd., Bracknell, United Kingdom                          |  | 1,877                      |  | 108                           |   |  | 100                 
|                                                                  |  |                            | 
|EPCOS Nordic AB, Kista, Sweden                                    |  | 784                        |  | 480                           |   |  | 100                 
|                                                                  |  |                            | 
|EPCOS Nordic OY, Espoo (Helsinki), Finland                        |  | 400                        |  | 243                           |   |  | 100                 
|                                                                  |  |                            | 
|EPCOS Finance B.V., Amsterdam, Netherlands                        |  | 2,271                      |  | 117                           |   |  | 100                 
|                                                                  |  |                            | 
|EPCOS Schweiz Vertriebs GmbH, Zurich, Switzerland                 |  | 81                         |  | 14                            |   |  | 100                 
|                                                                  |  |                            | 
|EPCOS 2 Portugal LDA, Évora, Portugal                             |  | 305                        |  | 300                           |   |  | 100                 



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|                                                                                               |  |         |  |        |   |  |      
|---------------------------------------------------------------------------------------------- |  | ------- |  | ------ | - |  | -----
|Asia                                                                                           |  |         |  |        |   |  |      
|EPCOS PTE LTD, Singapore                                                                       |  | 133,600 |  | 48,839 |   |  | 100  
|                                                                                               |  |         | 
|EPCOS (China) Investment Ltd., Shanghai, China                                                 |  | 47,172  |  | 3,350  |   |  | 100  
|                                                                                               |  |         | 
|EPCOS (Zhuhai FTZ) Co., Ltd., Zhuhai, China                                                    |  | 17,129  |  | 8,955  |   |  | 100  
|                                                                                               |  |         | 
|EPCOS Technology (Wuxi) Co., Ltd., Wuxi, China Formerly: EPCOS (Wuxi) Co., Ltd., Wuxi, China   |  | 30,062  |  | 16,373 |   |  | 100  
|                                                                                               |  |         | 
|EPCOS (Xiaogan) Co., Ltd., Xiaogan, China                                                      |  | 3,514   |  | 1,439  |   |  | 76   
|                                                                                               |  |         | 
|EPCOS India Private Ltd., Nashik, India Formerly: EPCOS Ferrites Private Ltd., Calcutta, India |  | 4,356   |  | 2,785  |   |  | 100  
|                                                                                               |  |         | 
|EPCOS KK, Yokohama, Japan                                                                      |  | 1,703   |  | 181    |   |  | 100  
|                                                                                               |  |         | 
|EPCOS (Zhuhai) Co., Ltd., Zhuhai, China                                                        |  | 2,066   |  | (1,887 | ) |  | 100  
|                                                                                               |  |         | 
|EPCOS SDN. BHD., Johore Bahru, Malaysia                                                        |  | 20,100  |  | 10,688 |   |  | 100  
|                                                                                               |  |         | 
|EPCOS (Shanghai), Ltd., Shanghai, China                                                        |  | 392     |  | (266   | ) |  | 100  
|                                                                                               |  |         | 
|EPCOS Limited., Hong Kong, China                                                               |  | 3,909   |  | 444    |   |  | 100  
|                                                                                               |  |         | 
|Baoke Electronic (Wuxi) Co., Ltd., Wuxi, China                                                 |  | 2,618   |  | 160    |   |  | 53.60
|                                                                                               |  |         | 
|EPCOS Taiwan Co., Ltd, Taipei, Taiwan                                                          |  | 181     |  | (40    | ) |  | 75   
|                                                                                               |  |         | 
|EPCOS-Jones (Beijing) Co., Ltd., Beijing, China                                                |  | 1,008   |  | (103   | ) |  | 55   
|                                                                                               |  |         | 
|EPCOS (Xiamen) Co., Ltd., Xiamen, China                                                        |  | 1,263   |  | (434   | ) |  | 60   
|                                                                                               |  |         | 
|Americas                                                                                       |  |         |  |        |   |  |      
|EPCOS do Brasil Ltda., Gravataí, Brazil                                                        |  | 35,458  |  | (6,511 | ) |  | 100  
|                                                                                               |  |         | 
|EPCOS Inc., Iselin, New Jersey, USA                                                            |  | 13,523  |  | (494   | ) |  | 100  
|                                                                                               |  |         | 
|Crystal Technology, Inc., Palo Alto, California, USA                                           |  | 14,199  |  | 2,503  |   |  | 100  
|                                                                                               |  |         | 
|At Equity Companies                                                                            |  |         |  |        |   |  |      
|Siemens Subscriber Networks, LLC, Dallas, Texas, USA                                           |  | 1,209   |  | 4,706  |   |  | 29   
|                                                                                               |  |         | 
|Becromal Norway A.S., Notodden, Norway                                                         |  | 5,254   |  | (2,466 | ) |  | 25   



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