AMD to compete Atom with low power processor

Reports brew that AMD is busy developing a low-power processor for mobile devices and sub-notebooks.

This report settles all the speculations that were in the market for abandoning the project. The chip is supposedly a competitor for the Intel’s Atom processor. It is tagged as a successor to AMD’s low-power Geode x86 system-on-chip, which is included in One Laptop,Laptop AkkuPer Child’s XO laptop.

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Till the time, no comments from the company have been made.

The plans to develop a low power chip was in the rumors since last year but silence maintained by the company on the same pushed market watchers to think that project has been abandoned. The chip was code named Bobcat.

As the company is trying to recover from heavy losses, has also reshu …