Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Read Paul
2. Date of Event Requiring Statement (Month/Day/Year)
06/30/2008
3. Issuer Name and Ticker or Trading Symbol
FLEXTRONICS INTERNATIONAL LTD. [FLEX]
(Last)
(First)
(Middle)
C/O FLEXTRONICS INTERNATIONAL LTD., #28-00 SINGAPORE 018989
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SINGAPORE, U0 018989
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Ordinary Shares (1) 30,000
D
 
Ordinary Shares (2) 50,000
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy)   (3) 12/20/2010 Ordinary Shares 12,500 $ 23.19 D  
Employee Stock Option (right to buy)   (3) 07/06/2011 Ordinary Shares 545 $ 23.02 D  
Employee Stock Option (right to buy)   (3) 10/01/2011 Ordinary Shares 27,947 $ 15.9 D  
Employee Stock Option (right to buy)   (3) 01/09/2014 Ordinary Shares 80,000 $ 16.57 D  
Employee Stock Option (right to buy)   (3) 07/01/2013 Ordinary Shares 20,000 $ 10.34 D  
Employee Stock Option (right to buy)   (3) 09/28/2014 Ordinary Shares 50,000 $ 13.18 D  
Employee Stock Option (right to buy)   (4) 10/29/2014 Ordinary Shares 125,000 $ 12.05 D  
Employee Stock Option (right to buy)   (3) 07/06/2011 Ordinary Shares 78 $ 23.02 D  
Employee Stock Option (right to buy)   (3) 10/01/2011 Ordinary Shares 2,053 $ 15.9 D  
Employee Stock Option (right to buy)   (5) 06/02/2015 Ordinary Shares 700,000 $ 10.59 D  
Employee Stock Option (right to buy)   (6) 06/02/2015 Ordinary Shares 700,000 $ 10.59 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Read Paul
C/O FLEXTRONICS INTERNATIONAL LTD.
#28-00 SINGAPORE 018989
SINGAPORE, U0 018989
      Chief Financial Officer  

Signatures

/s/ Paul Read, by Stacy Colter as attorney-in-fact. 07/03/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Represents a share bonus award (a contingent right to receive Ordinary Shares), which vests in 3 equal installments beginning on April 3, 2009.
(2) Represents a share bonus award (a contingent right to receive Ordinary Shares), which vests 100% on May 1, 2010.
(3) The option is immediately exercisable and fully vested as of June 30, 2008.
(4) As of June 30, 2008, 114,583 of the shares are vested and exercisable. The remaining shares vest and become exercisable in equal monthly installments through October 29, 2008.
(5) The option vests and becomes exerciseable for 25% of the shares on June 2, 2009, and in 36 equal monthly installments thereafter.
(6) The option vests and become exercisable for 25% of the shares one year after the date of grant and in 36 equal monthly installments thereafter; provided, that no portion of the option may be exercised unless the market price of the Registrant's ordinary shares is at least $12.50 per share.

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