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. 7)*

TAITRON COMPONENTS INCORPORATED

(Name of Issuer)

CLASS A COMMON STOCK, PAR VALUE $.001 PER SHARE

(Title of Class of Securities)

874028 10 3

(CUSIP Number)

*   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 coverage 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).

1	NAME OF REPORTING PERSON
	S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
	Tzu Sheng Ku
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
				(a)  o
				(b)  o
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION
	Paraguay
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5	SOLE VOTING POWER
			894,695 **
		6	SHARED VOTING POWER
		7	SOLE DISPOSITIVE POWER
			894,695 **
		8	SHARED DISPOSITIVE POWER
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	894,695 **
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
	18.09%
12	TYPE OF REPORTING PERSON
	IN

** Of the 894,695 shares of Class A Common Stock reported herein as being beneficially owned by Tzu Sheng Ku, 81,962 shares are owned of record by Mr. Ku’s wife and 133,635 shares are owned of record by Mr. Ku’s three minor children and includes 25,833 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
ITEM 1(B).	ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:
	28040 West Harrison Parkway
	Valencia, California 91355-4162
ITEM 2(A).	NAME OF PERSON FILING:
	Tzu Sheng Ku
ITEM 2(B).	ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
	Principal Business Office:
	Calle Rubio NU No. 176
	Cuidad Del Este, Paraguay
ITEM 2(C).	CITIZENSHIP:

		Paraguay
ITEM 2(D).		TITLE OF CLASS OF SECURITIES:
		Class A Common Stock, par value $0.001 per share
ITEM 2(E).		CUSIP NUMBER:
		874028 10 3
ITEM 3.	IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A:
		Not Applicable
ITEM 4.	OWNERSHIP.
ITEM 4(A)	AMOUNT BENEFICIALLY OWNED:
		894,695 **
ITEM 4(B)	PERCENT OF CLASS:
		18.09%
ITEM 4(C)	NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
		894,695  **
ITEM 4(I)	SOLE POWER TO VOTE OR TO DIRECT THE VOTE:
		894,695  **
ITEM 4(II)	SHARED POWER TO VOTE OR TO DIRECT THE VOTE:
ITEM 4(III)	SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF:
		894,695  **
ITEM 4(IV)	SHARE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF:
** Of the 894,695 shares of Class A Common Stock reported herein as being beneficially owned by Tzu Sheng Ku, 81,962 shares are owned of record by Mr. Ku’s wife and 133,635 shares are owned of record by Mr. Ku’s three minor children and includes 25,833 shares of Class A Common Stock underlying options that are, or will within 60 days of the date hereof be, exercisable.

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.

		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

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 10, 2003

(Date)

/s/ TZU SHENG KU / CHAIRMAN

(Signature)

TZU SHENG KU / CHAIRMAN

(Name/Title)