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The 400MHz Ultra Low Voltage Celeron has 256Kbytes of on-chip cache, uses a 100MHz front-side bus and runs on a 0.95 volt power supply.
The lower voltage reduces the heat dissipation for the 400MHz chip to a maximum of 4.2 watts, allowing the chip to operate in small, enclosed spaces without a fan.
The Celeron chip competes against low-end x86-compatible processors, such as Via Technologies' C3, which are designed for use in embedded applications.
Via has used the C3's low-power characteristics and ability to operate without a fan to differentiate the chip from processors produced by Intel and others.
Taiwanese board makers Portwell and Axiom Technology have already announced products based on the 400MHz Ultra Low Voltage Celeron.
Portwell has designed a board based on the chip that can be used in systems such as a point-of-sale terminal and Axiom has produced a board designed for use in industrial applications.
The 400MHz Ultra Low Voltage Celeron is available for $38 (£25) per 1,000 units, a standard measure for processor pricing.