This paper provides a review of ideas and research regarding the role of phonological processing as a bottom-up, component processing mechanism in second language reading comprehension. Firstly, it sketches a brief history of approaches and theoretical models towards L2 reading comprehension in the SLA literature. Secondly, it acknowledges the fact that with the undue dominance of top-down psycholinguistic models, the role of bottom-up processes in L2 reading has been systematically neglected. And finally an accumulated body of literature is presented which comprehensively delineates the studies carried out to examine the contributory role of phonological processing as a type of bottom-up proceesing in L2 reading.