Intel is planning to reduce the prices of its older Pentium products, some models will receive a cut of up to 60 percent. The price cuts are expected to start on July 23rd.
An Intel spokesman told Reuters: "We have a more aggressive product and manufacturing ramp, so those older Pentium products will move down faster. It's not like we're cutting prices for the sake of cutting prices."
The company will move more quickly to 65nm production of its Core chips than it has done in the past. This means it should have mid-priced chips ready to replace Pentium chips faster than usual when it moves technologies.