UNITED STATES
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
Date of Report (Date of earliest event reported): July 31, 1998
SILICONIX INCORPORATED
(Exact name of registrant as specified in its charter)
DELAWARE 0-3698 94-1527868
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
2201 LAURELWOOD ROAD
SANTA CLARA, CALIFORNIA 95054
(Address of principal executive offices)
(408) 988-8000
(Registrant's telephone number, including area code)
NOT APPLICABLE.
(Former name or former address, if changed since last report.)
The Index to Exhibits
is on page 4.
Page 1 of 4
<PAGE>
INFORMATION TO BE INCLUDED IN THE REPORT
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
(a) Effective July 31, 1998, the Board of Directors selected Ernst & Young
LLP ("Ernst & Young") to replace KPMG Peat Marwick LLP ("KPMG") as the
registrant's independent accountant. KPMG's audit reports on the registrant's
financial statements for the fiscal years ended December 31, 1997 and 1996 did
not contain an adverse opinion or disclaimer of opinion and were not qualified
or modified as to uncertainty, audit scope or accounting principles.
Furthermore, during fiscal 1996 and 1997 and the subsequent interim period
preceding the replacement of KPMG, there were no disagreements between the
registrant and KPMG on any matter of accounting principles or practices,
financial statement disclosure or auditing scope or procedures which, if not
resolved to KPMG's satisfaction, would have caused them to make reference to the
subject of such disagreement in connection with their reports. A letter from
KPMG Peat Marwick LLP is attached as Exhibit 16 hereto.
(b) The registrant has not consulted Ernst & Young regarding (i) the
application of accounting principles to any transaction, (ii) the type of audit
opinion that might be rendered on the registrant's financial statements or (iii)
any disagreement or reportable event.
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 hereunto duly authorized.
SILICONIX INCORPORATED
Date: August 3, 1998 By /s/King Owyang
----------------
King Owyang
President and CEO
3
<PAGE>
INDEX TO EXHIBITS
Exhibit
-------
16 Letter from KPMG Peat Marwick to Securities and Exchange Commission
4
EXHIBIT 16
August 3, 1998
Securities and Exchange Commission
Washington, D.C. 20549
Ladies and Gentlemen:
We were previously principal accountants for Siliconix incorporated and, under
the date of January 21, 1998, we reported on the consolidated financial
statements of Siliconix incorporated and subsidiaries as of and for the years
ended December 31, 1997 and 1996. On July 31, 1998, our appointment as principal
accountants was terminated. We have read Siliconix incorporated's statements
included under Item 4 of its Form 8-K dated August 3, 1998, and we agree with
such statements, except that we are not in a position to agree or disagree with
Siliconix incorporated's statement that it has not consulted with its newly
appointed accountants regarding the application of accounting principles to any
transaction, the type of audit opinion that might be rendered on Siliconix
incorporated's financial statements or any disagreement or reportable event.
Very truly yours,
/s/ KPMG Peat Marwick LLP
KPMG Peat Marwick LLP
