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IBM's PowerPC 65-nm Plans?

AppleInsider reports that IBM is working on mobile/embedded 64-bit PowerPC processors under the "PowerPC 300" series name.

This information echos rumors from a previous MacRumors report from November:

    In light of the ongoing difficulties in incorporating desktop-class processors (such as the PowerPC 970) into the PowerBook, Apple and IBM have laid the foundation for an architectural revamp of the PowerPC to produce an ultra low power 64-bit mobile processor.

The November report also aimed at 2005 for the debut of a low-power mobile PowerPC 300 series.

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