The Pentium M 765 processor runs at a clock speed of 2.1GHz and includes 2M bytes of Level 2 cache and support for a 400MHz front-side bus. Intel Corp. gave its Centrino laptop package a speed boost Wednesday with the release of a new, faster Pentium M processor.The Centrino package includes a Pentium M processor, a PC chipset and a WLAN (wireless LAN) chipset.The Pentium M 765 processor runs at a clock speed of 2.1GHz and includes 2M bytes of Level 2 cache and support for a 400MHz front-side bus. Previously, the Pentium M 755 was the fastest processor in the line with a clock speed of 2GHz. Available worldwide, the Pentium M processor 765 is priced at $637 in 1,000-unit quantities.The introduction of the new processors follows recent price cuts on Intel’s mobile processors. On Oct. 17, Intel cut the price of the Pentium 755 by 33.6 percent, from $637 to $423 in 1,000-unit quantities, according to the price list posted on the company’s Web site.Intel also cut prices on five other Pentium M models, with the size of the cuts ranging from 13.3 percent to 30.5 percent. The price of the 1.8GHz Pentium M 745 was reduced 30.5 percent, from $423 to $294; the 1.7GHz Pentium M 735’s price was reduced by 18 percent, from $294 to $241; the 1.6GHz Pentium M 725’s price was reduced by 13.2 percent, from $241 to $209. All three of these chips have 2M bytes of Level 2 cache.Prices were cut by 18.3 percent on the 1.7GHz Pentium M with 1M byte of Level 2 cache, from $294 to $241. The 1.6GHz Pentium M with 1M byte of Level 2 cache had its price reduced by 13.3 percent, from $241 to $209.All prices are quoted for 1,000-unit quantities of the chips. Technology Industry