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Intel shows Off its new cheaper chip

Intel's Cheaper Chip



TAIPEI, Taiwan - Intel Corp. on Tuesday unveiled a new processor it says will revolutionize the information technology industry by powering small laptops at low cost.

Intel Asia Pacific Vice president and General Manager Navin Shenoy said the Atom processor will enable millions more people around the world to access the Internet.

Shenoy's announcement at a Taiwan computer show raises the stakes in Intel's efforts to best rivals like Advanced Micro Devices Inc. and Via Technologies in supplying chips for cheap laptops.

A version of the Atom can be used in mobile devices — iPhone-like tablets that provide a fuller Internet experience than cell phones do.

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