The folks at Fudzilla have shared out some specifics of AMD's Neo CPU which the company plans to use to compete with Atom in the netbook/ultra-thin notebook market.

Neo is in fact AMD's official name of the processor, but it's been discovered the chip hasn't been built from the ground up; it's apparently nothing more than a single core Lima (Athlon K8) processor that's been re-branded specifically to suit the ultra mobile market.

As such, the 1600MHz processor with 512KB of cache still consumes a fair whack of power at around 15W, whilst Intel's Atom looks significantly better in this (highly important) regard with a TDP of just 2.4W.

More details can be found here.