Intel Corp., world's largest chip maker, announced price cuts for its Pentium M mobile chips and for its Centrino mobile technology package, which consists of Intel's productive Pentium M microprocessor, a specialized chipset for notebook computers, and integrated Wi-Fi access, on Sunday. The new prices are as follows: Pentium M 755 with 2MB of L2 cache and clock speed at 2.0GHz will $423 as opposed to its previous price of $637. This shows an approximate reduction of 34 percent in high-end CPU prices. The Pentium M 745 with clock speed at 1.8GHz will be reduced from $423 to $294 - a price cut of almost 44 percent.

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