CrunchGear via APC Magazine has the potentially big story of Intel’s dominance of the netbook CPU market being under threat from AMD, with the company set to announce its own netbook-specific processor as quickly as this week.

Battery life, ever an important feature among netbook users, is one of the main things that AMD plan to address, along with video performance. AMD’s Vice-President of Advanced Marketing, Pat Moorehead, is telling us to expect an impressive 8-9 hours in battery life on a netbook.

As for video performance, AMD is expected to use its ownership of ATI to full effect and “will likely seek to have the chip included in its transition from the current 65nm production process to the smaller and more power-efficient 45nm stage”, according to the APC story.

Moorehead was also critical of the gradual price increases in the netbook market, which now sees some of the larger models surpassing $1000 in price. AMD president and CEO, Dick Meyer, said on this, “We do have strategies together with our OEMs for pushing our solutions both down into smaller form factors and lower notebook price points.”