Details on the matter are sparse at best as Intel’s not been commenting publicly yet, but the company is holding an impromptu conference call this morning at 11:30AM eastern to go over everything so I’ll listen in and report back.
If I were a betting man, which I’m not (or am I?) I’d guess that this platform would be similar to Qualcomm’s Snapdragon effort: super long battery life, strong graphics, HD video, gaming, etc. It’s a logical move for Intel if the company wants to grab a share of the next-generation smartphone market away from Qualcomm and NVIDIA’s Tegra platform.
UPDATE: See this post for more info.