Intel Ultrabooks To Be Priced Below $999

Friday, August 12, 2011

Intel Ultrabooks To Be Priced Below $999

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Intel said computer makers Lenovo, Asustek and Acer will launch its new category of notebook computer in the third to fourth quarter, and expects to see their prices below $999 in the fourth quarter.

Intel Capital, Intel's global investment arm, will create a $300 million fund to invest in companies building hardware and software technologies for the new category of PCs known as Ultrabook.

Ultrabooks will be lightweight but still pack high-performance processors. Intel sees them accounting for 40 percent of laptop sales to consumers by the end of next year.