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Intel will bring out a new Core-architecture processor for lower-cost ultra-thin laptops later this year, according to Intel sources at the Consumer Electronics Show in Las Vegas.

The processors will distinguish themselves by targeting a price segment below pricey ultra-portables, which typically start at around $1,500 and range all the way up to $3,000--and higher in some cases. The processors will not compete with the Atom processor that powers Netbooks, which usually top out at $500.

In this sense, the new chips will be comparable to Advanced Micro Devices' recently announced Athlon Neo processor for ultra-thin laptops priced … Read more