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<SEC-DOCUMENT>0001047469-98-043331.txt : 19981209
<SEC-HEADER>0001047469-98-043331.hdr.sgml : 19981209
ACCESSION NUMBER:		0001047469-98-043331
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	19981202
ITEM INFORMATION:		
ITEM INFORMATION:		
FILED AS OF DATE:		19981208

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TAITRON COMPONENTS INC
		CENTRAL INDEX KEY:			0000942126
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065]
		IRS NUMBER:				954249240
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		
		SEC FILE NUMBER:	000-25844
		FILM NUMBER:		98765765

	BUSINESS ADDRESS:	
		STREET 1:		25202 ANZA DR
		CITY:			SANTA CLARITA
		STATE:			CA
		ZIP:			91355
		BUSINESS PHONE:		8052576060

	MAIL ADDRESS:	
		STREET 1:		25202 ANZA DR
		CITY:			SANTA CLARITA
		STATE:			CA
		ZIP:			91355
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<DESCRIPTION>8-K
<TEXT>

<PAGE>


                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 8-K
                                CURRENT REPORT
    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

                                December 2, 1998
                 Date of Report (Date of earliest event reported)


                        TAITRON COMPONENTS INCORPORATED
              (Exact name of registrant as specified in its charter)

         California                       0-25844                95-4249240 
(State or Other Jurisdiction of   (Commission File Number)    (I.R.S. Employer 
 Incorporation or Organization)                              Identification No.)


               25202 Anza Drive, Santa Clarita, California  91355
               (Address of Principal Executive Offices) (Zip Code)

                               (805) 257-6060
                      Registrant's Telephone Number,
                            including Area Code


<PAGE>

Item 4.  CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT

     KPMG Peat Marwick LLP was previously the principal accountants for 
Taitron Components Incorporated (the "Company").  On December 2, 1998, KPMG 
Peat Marwick LLP was dismissed by the Company as principal accountants and 
Grant Thornton LLP was engaged as principal accountants to audit the accounts 
of the company for the year ending December 31, 1998.  The decision to change 
accountants was approved by the Registrant's Audit Committee and the Board of 
Directors.

     During the fiscal years ended December 31, 1997 and 1996 and through the 
date of this report, there were no disagreements with KPMG Peat Marwick LLP 
on any matter of accounting principles or practices, financial statement 
disclosure or audit scope or procedure which disagreement, if not resolved to 
the satisfaction of KPMG Peat Marwick LLP, would have caused them to make 
reference to the matter of such disagreement in connection with this report.  
The accountant's report for the fiscal years ended December 31, 1997 and  
1996 did not contain an adverse opinion or a disclaimer of opinion, nor were 
such reports qualified or modified as to uncertainty, audit scope, or 
accounting principles.

     During the Registrant's two most recent fiscal years and through the 
date of this report, the Registrant has had no reportable events as defined 
in Item 304 (a) (1) (v) of Regulation S-K.

     The Registrant has requested that KPMG Peat Marwick LLP furnish it with 
a letter addressed to the Securities and Exchange Commission stating whether 
it agrees with the above statements.  A copy of that letter is filed as 
Exhibit 16 to this report.

Item 7.  FINANCIAL STATEMENTS AND EXHIBITS.

         (c)  Exhibits

              16.  Letter from KPMG Peat Marwick LLP dated December 8, 1998.

                                      2

<PAGE>

                                 SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act of 1934, the 
Registrant has duly caused this Report to be signed on its behalf by the 
undersigned thereunto duly authorized.

                                       TAITRON COMPONENTS INCORPORATED
                                          (Registrant)


Date: December 8, 1998                 By: /s/ David M. Batt
                                          -----------------------
                                       David M. Batt
                                       Chief Financial Officer
                                       (Principal Financial Officer)
                                       (Chief Accounting Officer)








                                      3
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-16
<SEQUENCE>2
<DESCRIPTION>EXHIBIT 16
<TEXT>

<PAGE>

[LETTERHEAD]




December 8, 1998

Securities and Exchange Commission
Washington, D.C. 20549



Ladies and Gentlemen:

We were previously principal accountants for Taitron Components Incorporated 
and under the date of February 11, 1998 we reported on the financial statements 
of Taitron Components Incorporated as of December 31, 1997 and 1996, and for 
the years then ended. On December 2, 1998, our appointment as principal 
accountants was terminated. We have read Taitron Components Incorporated's 
statements included under Item 4 of its Form 8-K dated December 2, 1998, and 
we agree with such statements, except that we are not in a position to agree 
or disagree with Taitron Components Incorporated's comments in the first 
paragraph concerning the engagement of new principal accountants or the 
participation of the audit committee or Board of Directors in the decision to 
change accountants.


Very truly yours,


/s/ KPMG Peat Marwick LLP





</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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