Exhibit 21.1

LIST OF SUBSIDIARIES OF THE REGISTRANT

Name of Subsidiary	State or Jurisdiction of Incorporation or Organization
MFLEX Suzhou Co., Ltd.	People’s Republic of China
MFLEX Chengdu Co., Ltd.	People’s Republic of China
M-Flex Cayman Islands, Inc.	Cayman Islands
Multi-Fineline Electronix Singapore Pte. Ltd.	Singapore
Multi-Fineline Electronix Malaysia Sdn Bhd	Malaysia
MFLEX UK Limited	England and Wales
MFLEX Korea, Ltd.	Korea
MFLEX B.V.	Netherlands