Celebrating the 1-year anniversary of Intel Corporation’s introduction of its wildly popular Intel® Atom™ processor family, Anand Chandrasekher, Intel senior vice president and general manager of the Ultra Mobility Group, introduced two new processors for Mobile Internet Devices (MIDs) and several other milestones during his keynote today at the Intel Developer Forum in Beijing.

The 2 processors announced were the Z550 and Z515. The Z550 extends the performance of netbooks and nettops to 2GHz with Intel Hyperthreading technology support, setting a new standard for the highest performance processor in the under-3-watt power envelope. The Z515 incorporates the new Intel® Burst Performance Technology (Intel BPT), which enables the processor to run at 1.2GHz when performance is needed in existing small and sleek MID form factors.

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So to summarize, Intel is planning to roll out N280 Atom with a HD capable graphics chipset GN40 besides its usual 945GSE chipset that we have already started to see in newer netbooks today. But it is interesting to note that the power consumption on the GN40 chipset is slightly more than double that of the stock version and will definitely translate to shorter battery life and hotter netbooks. Perhaps that is why Intel is also planning a lower wattage version in the later part of year. Code named Pineview/Tigerpoint, the CPU and chipset combo consumes less than existing platform. The one question here is how this newer platform compares to nVidia’s ION, coming soon to a netbook near you.

 Engadget reports that Intel Atom Z5xx series will be having 2 more members joining the line up. The Z550 and Z515. Targeting at mobile phones and MIDS, the Z550 will have a clock speed of 2GHz while using less than 2.4 watts. The Z515 will have a dynamic clock speed ranging between 800MHz and 1.33GHz