UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Information Statement Pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
(Amendment No. 11)*
TAITRON COMPONENTS INCORPORATED
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(Name of Issuer)
CLASS A COMMON STOCK, PAR VALUE $.001 PER SHARE
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(Title of Class of Securities)
874028103
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(CUSIP Number)
December 31, 2007
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
[_] Rule 13d-1(c)
[x] Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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CUSIP No. 874028103
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above
persons (entities only).
Tzu Sheng Ku
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2. Check the Appropriate Box if a Member of
a Group (See Instructions)
(a) |_|
(b) |_|
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3. SEC Use Only
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4. Citizenship or Place of Organization
Paraguay
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5. Sole Voting Power
NUMBER OF 914,926 **
SHARES
BENEFICIALLY -----------------------------------------
OWNED BY 6. Shared Voting Power
EACH
REPORTING -----------------------------------------
PERSON 7. Sole Dispositive Power
WITH 914,926 **
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8. Shared Dispositive Power
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9. Aggregate Amount Beneficially Owned by
Each Reporting Person
914,926 **
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10. Check if the Aggregate Amount in Row (9)
Excludes Certain Shares
(See Instructions) |_|
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11. Percent of Class Represented by Amount in
Row (9)
19.20%
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12. Type of Reporting Person
(See Instructions)
IN
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** Includes 653,265 shares of Class A Common Stock owned by Mr. Ku; 81,962
shares of Class A Common Stock owned by Mr. Ku's spouse; 11,897 shares of Class
A Common Stock owned by 401(k) trust; 133,635 shares owned by three of Mr. Ku's
children; and 34,167 shares of Class A Common Stock underlying options that are,
or will within 60 days of the date hereof be, exercisable.
Item 1. (a) Name of Issuer: Taitron Components Incorporated
(b) Address of Issuer's Principal Executive Offices:
28040 West Harrison Parkway
Valencia, California 91355
Item 2. (a) Name of Person Filing: Tzu Sheng Ku
(b) Address of Principal Business Office or, if none, Residence:
Principal Business Office:
Calle Rubio NU No. 176
Cuidad Del Este, Paraguay
(c) Citizenship: Paraguay
(d) Title of Class of Securities: Class A Common Stock, par value
$0.001 per share
(e) CUSIP Number: 874028103
Item 3. If this statement is filed pursuant to ss.ss.240.13d-1(b), or
240.13d-2(b) or (c), check whether the person filing is a:
Not Applicable
(a) |_| Broker or dealer registered under section 15 of the Act
(15 U.S.C. 78o).
(b) |_| Bank as defined in section 3(a)(6) of the Act
(15 U.S.C. 78c).
(c) |_| Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c).
(d) |_| Investment company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C. 80a-8).
(e) |_| An investment adviser in accordance with
ss.240.13d-1(b)(1)(ii)(E);
(f) |_| An employee benefit plan or endowment fund in accordance with
ss.240.13d-1(b)(1)(ii)(F);
(g) |_| A parent holding company or control person in accordance with
ss.240.13d-1(b)(ii)(G);
(h) |_| A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
(i) |_| A church plan that is excluded from the definition of an
investment company under section 3(c) (14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3);
(j) |_| Group, in accordance with ss.240.13d-1(b)(1)(ii)(J).
Item 4. Ownership.
(a) Amount beneficially owned: 914,926 **
(b) Percent of class: 19.20%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 914,926 **
(ii) Shared power to vote or to direct the vote: 914,926 **
(iii) Sole power to dispose or to direct the disposition of:
914,926 **
(iv) Shared power to dispose or to direct the disposition of:
914,926 **
Item 5. Ownership of Five Percent or Less of a Class.
Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not Applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company or Control
Person.
Not Applicable
Item 8. Identification and Classification of Members of the Group.
Not Applicable
Item 9. Notice of Dissolution of Group.
Not Applicable
Item 10. Certification.
Not Applicable
** Includes 653,265 shares of Class A Common Stock owned by Mr. Ku; 81,962
shares of Class A Common Stock owned by Mr. Ku's spouse; 11,897 shares of Class
A Common Stock owned by 401(k) trust; 133,635 shares owned by three of Mr. Ku's
children; and 34,167 shares of Class A Common Stock underlying options that are,
or will within 60 days of the date hereof be, exercisable.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
February 12, 2008
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(Date)
/s/ Tzu Sheng Ku
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(Signature)
Tzu Sheng Ku / Chairman
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(Name/Title)