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SAN JOSE -- Flextronics' chief executive clarified earlier reports pegging the EMS company's target revenue from notebook PCs at $3.5 billion by fiscal 2011.

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NEENAH, WIPlexus Corp. today announced fiscal third-quarter revenue of $379 million, down nearly 17% year-over-year.

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SAN JOSEFlextronics today reported a fiscal first-quarter loss of $154 million on a 31% year-over-year revenue drop to $5.78 billion. 

The results pale against last year, when the company reported $8.35 billion in revenue and $110 million in profits.

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