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On June 1, the chip giant reportedly will implement a greater price-cutting move on its Pentium-M processor line, launched only this year for its new Centrino notebook platform. According to board makers, Intel will slash prices of its 1.5 and 1.6GHz Pentium-Ms by more than 30%, quoting the two processors at US$294 and US$423, respectively. Price of the 1.4GHz version will also be lowered to US$241. Along with the price cut, Intel has scheduled to introduce a new 1.7GHz Pentium-M processor as well.