-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001102624-06-000078.txt : 20060328
<SEC-HEADER>0001102624-06-000078.hdr.sgml : 20060328
<ACCEPTANCE-DATETIME>20060328155239
ACCESSION NUMBER:		0001102624-06-000078
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20060327
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20060328
DATE AS OF CHANGE:		20060328

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:		1934 Act
		SEC FILE NUMBER:	000-25844
		FILM NUMBER:		06715085

	BUSINESS ADDRESS:	
		STREET 1:		28040 WEST HARRISON PARKWAY
		CITY:			VALENCIA
		STATE:			CA
		ZIP:			91355
		BUSINESS PHONE:		(661) 257-6060

	MAIL ADDRESS:	
		STREET 1:		28040 WEST HARRISON PARKWAY
		CITY:			VALENCIA
		STATE:			CA
		ZIP:			91355
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>traiton8k.htm
<DESCRIPTION>TAITRON 8-K
<TEXT>
<table cellpadding="3" border="0" cellspacing="0" width="100%">
<tr><td>
</td></tr>
</table>
<center>
<table border=0 cellpadding=3 cellspacing=0>
<tr><td align="center"><br><br>
<B>UNITED STATES</B><br>
<B>SECURITIES AND EXCHANGE COMMISSION</B><br>
Washington, D.C. 20549<p>
<hr size=1>
<p><b>FORM 8-K<p>
CURRENT REPORT
<p>
Pursuant to Section 13 or 15(d) of the<br>Securities Exchange Act of 1934.
</td>
</tr>
</table>
<p>
<b>
<table border=0 cellpadding=0 cellspacing=0>
<tr><td colspan=5 align=center>
<b>Date of Report: March     27, 2006</b><br>
(Date of earliest event reported)<br><br>
</td></tr>
<tr><td colspan=5 align=center>
<b>TAITRON COMPONENTS INCORPORATED</b><br>
(Exact name of registrant as specified in its charter)
</td></tr>
<tr><td colspan=5><br></td></tr>
<tr>
<td align=center colspan=2 width="40%" valign="top">
<b>CA</b><br>
(State or other jurisdiction <br>of incorporation)
</td>
<td align=center width="20%" valign="top">
<b>0-25844</b><br>
(Commission File Number)
</td>
<td align=center colspan=2 width="40%" valign="top">
<b>95-4249240</b><br>
(IRS Employer <br>Identification Number)
</td>
</tr>
<tr><td colspan=5><br></td></tr>
<tr>
<td align="center" colspan=2>
<b>28040 W HARRISON PKWY</b><br>
(Address of principal executive offices)
</td>
<td>&nbsp;</td>
<td align="center" colspan=2>
<b>91355</b><br>
(Zip Code)
</td>
</tr>
<tr><td colspan=5 align=center><br>
<b>661-257-6060</b><br>(Registrant's telephone number, including area code)
</td></tr>
<tr><td colspan=5><br></td></tr>
<tr><td colspan=5 align=center>
<b>Not Applicable</b><br>(Former Name or Former Address, if changed since last report)<br>
</td></tr>
</table>
</center>
<br><br>
</b>
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:<br>
<dl>
 <dd><font face="wingdings">o</font> Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
 <dd><font face="wingdings">o</font> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
 <dd><font face="wingdings">o</font> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

  <br>
 <dd><font face="wingdings">o</font> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

  <br>
</dl>
<hr size=1>
<table width=100%>
<tr><td width="100%">
<b>Item 2.02. Results of Operations and Financial Condition</b></b><br>
<br>

<p>
<b>Item 9.01. Financial Statements and Exhibits</b></b><br>
<br><b>(a) Financial statements:</b><br>
&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;  None<br>
<b>(b) Pro forma financial information:</b><br>
&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;  None<br>
<b>(c) Shell company transactions:</b><br>
&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;  None<br>
<b>(d) Exhibits</b><br>
&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;  99.1 &nbsp; &nbsp; &nbsp; <a href="taitroncomponentsin.htm">Press Release of TAITRON COMPONENTS INCORPORATED dated March     27, 2006</a></b>
<p>
<p>
<hr size=1>
<b><center>SIGNATURE</center></b>
<p>
&nbsp; &nbsp; &nbsp; 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 hereunto duly authorized.<p>
</td></tr>
</table>
<br>
<table>
<tr>
<td width="50%" valign=top>
Dated: March     27, 2006<br>
</td>
<td>
<b>TAITRON COMPONENTS INCORPORATED</b>
<p>
By: <u>&nbsp;/s/ Stewart Wang &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; </u> <br>
&nbsp; &nbsp; &nbsp;Stewart Wang<br>
&nbsp; &nbsp; &nbsp;<i>Chief Executive Officer, Director, Chief Financial Officer and Principal Accounting Officer</i><br>
</td></tr>
</table>
<hr>
<center>
<table border=0 width="100%">
<tr><td colspan=2>
<center><b>Exhibit Index</b></center>
</td>
</tr>
<tr>
<td width=50% align=center><b><u>Exhibit No.</u></b></td>
<td width=50% align=center><b><u>Description</u></b></td>
</tr>
<tr>
<td align=center>99.1</td>
<td align=center>Press Release of TAITRON COMPONENTS INCORPORATED dated March     27, 2006</td>
</tr>
</table>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>taitroncomponentsin.htm
<DESCRIPTION>TAITRON PRESS RELEASE
<TEXT>

<p></p>
<b>Taitron Reports Fourth Quarter and Year-End 2005 Results</b>
<p>LOS ANGELES, CA -- 03/27/2006 -- Taitron Components Incorporated (NASDAQ: TAIT) today announced financial results for its fourth quarter and
year-ended December 31, 2005.  Net sales for 2005 were $8.4 million,
compared with $9.4 million for 2004.  Net loss was $205,000 for 2005, or
$0.04 loss per basic and diluted share, compared with a net loss of
$248,000 for 2004, or $0.05 loss per basic and diluted share.  The Company
also reported net sales of $2.1 million for the fourth quarter ended
December 31, 2005, an increase of 12.2% compared with $1.8 million for the
same period of 2004.  Net loss was $45,000 for the fourth quarter of 2005,
or $0.01 loss per basic and diluted share compared with a net loss of
$311,000, or $0.06 loss per basic and diluted share for the same period of
2004.
</p>
<p>
Stewart Wang, president and chief executive officer, said, "Although we
have 12.2% growth in sales for the fourth quarter over last year, this was
mainly coming from our value-added engineering services of designing and
manufacturing products offshore for our existing customers.  We expect this
business will continue growing in 2006 as we have established our Shanghai,
China liaison office to support both our components purchasing and
engineering services."
</p>
<p>
Wang continued, "Our superstore strategy includes reducing inventory
levels, while expanding our product mix to cover more items for immediate
delivery and one-stop shopping.  We'll maintain our position as the niche
player in the electronic distribution industry by offering limited brands
of discrete, passive and opto components with reasonable margins to the
domestic market."
</p>
<p>
Taitron, based in Valencia, California, is the "Discrete Components
Superstore."  The Company distributes a wide variety of transistors, diodes
and other discrete semiconductors, optoelectronic devices and passive
components to other electronic distributors, contract electronic
manufacturers (CEMs) and original equipment manufacturers (OEMs), who
incorporate them into their products.
</p>
<p>
Statements set forth above that are not historical facts are
forward-looking statements that involve risks and uncertainties.  Actual
results could differ materially from those projected in the forward-looking
statements.  Potential risks and uncertainties include, but are not limited
to, factors such as general economic conditions, fluctuations in product
demand and market acceptance, the Company's ability to maintain customer
and vendor relationships, technological advancements, impact of competitive
products and pricing, risks of foreign operations and other information
detailed from time to time in the Company's reports filed or to be filed
with the U.S. Securities and Exchange Commission.  The Company urges all
interested parties to read these reports to gain a better understanding of
the many business and other risks that the Company faces.  Additionally,
the Company undertakes no obligation to publicly release the results of any
revisions to these forward-looking statements, which may be made to reflect
events or circumstances occurring after the date of this release or to
reflect the occurrence of unanticipated events.
<pre>

                   TAITRON COMPONENTS INCORPORATED
      Condensed Consolidated Statements of Operations (Unaudited)
            (Dollars in thousands, except per share amounts)

                                  Three months ended        Year ended
                                     December 31,          December 31,
                                   2005       2004       2005       2004
                                ---------  ---------  ---------  ---------

Net sales                       $   2,068  $   1,843  $   8,400  $   9,352
Cost of goods sold                  1,510      1,306      6,092      6,701
                                ---------  ---------  ---------  ---------

   Gross profit                       558        537      2,308      2,651
Selling, general and
 administrative expenses              645        681      2,597      2,588
Impairment charges                      -        147          -        147
                                ---------  ---------  ---------  ---------

   (Loss) income from operations     (87)       (291)      (289)       (84)

Interest expense, net                 (1)        (11)       (12)      (171)
Other income, net                     49          24        110         40
                                ---------  ---------  ---------  ---------
   Loss before income taxes          (39)       (278)      (191)      (215)

Income tax provision                  (6)        (33)       (14)       (33)
                                ---------  ---------  ---------  ---------
      Net loss                  $     (45) $    (311) $    (205) $    (248)
                                =========  =========  =========  =========

Loss per share:
      Basic and Diluted         $   (0.01) $   (0.06) $   (0.04) $   (0.05)
                                =========  =========  =========  =========
Weighted average common shares
 outstanding:
      Basic and Diluted         5,462,757  5,460,258  5,462,153  5,464,912
                                =========  =========  =========  =========
</pre>

</p>
<pre>
CONTACT:
STEWART WANG
President and CEO
28040 West Harrison Parkway
Valencia, CA  91355
Phone (661) 257-6060
Fax (661) 257-6415


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