Intel and Asus to show off a laptop with the best features of tablets

This week at the Computex technology exhibition in Taipei Asus will show its first new PC in the "Ultrabook" class on Intel chips. Intel says it will include the best features of tablets and will go on sale by Christmas and cost under $1,000.

The Ultrabooks will be slim and lightweight but still pack high-performance processors. They should account for 40 percent of laptop sales to consumers by the end of next year, Tom Kilroy, a senior vice president at Intel, told Reuters in an interview.

"We're shooting for ultra responsive. You'll have always-on, always-connected, much more responsive devices, similar to what you would see with a tablet today such as an iPad," he said.