Since Ag wires have similar hardness and bonding properties to Au wires, they can be applied in some pads. In the present study, the annealing effect (at 225°C-275°C for 30min) on the tensile mechanical properties of silver wires wih φ=23μm was investigated. In addition, the microstructural characteristics and the mechanical properties before and after an electric flame-off (EFO) process were also studied. Experimental results indicate that with annealing temperatures of more than 250°C, the silver wires possessed a fully annealed structure, the tensile strength and the hardness decreased, and the elongation was raised significantly. Under fte thermal effect of EFO, the necks of the Ag balls underwent recrystallization and grain growth was induced, and the annealed Ag wires had a shorter zone of HAZ (220μm). The bonding strength and the neck-strength of the Ag wires were more than 7gf and possessed excellent bonding properties.