Intel is one of the fifty or so industry players that have signed to the Open Screen Project for which Adobe has released a new Flash Player for mobile player; it is likely however that in private the semiconductor giant might not be happy.
The consortium would allow mobile phones and other devices to offer features that even Intel's netbook platform cannot offer without serious external help.
Furthermore, introducing full Flash for mobiles will mark another significant step in platforms convergence, bringing down one of the last bastions of desktop superiority.
Flash streaming is one of the main weaknesses of netbooks and that's tied down to the fact that the Intel Atom processor used in those devices are general processors rather than a dedicated unit like a GPU.
Going through the list, you will find out that ARM and all its partners have signed for the Open Screen Project which goes to show that they will get something out of it. Solutions based on ARM technology, unlike Intel, are almost always based on a multitude of chips from various sources.
The latest iPhone for example is built around the Samsung S5PC100 ARM Cortex-A8 chipset and also includes a PowerVR SGX GPU, a proper graphics processing unit that's on par with the GMA500 graphics solution that's on most netbook platforms.
In theory therefore, the iPhone, as is any other phones built using such a platform, will be able to play full Flash content using the latest 10.1 Version.
So there you have a platform (like the smartbook) which runs cooler, last longer, cost cheaper, easier to build than netbooks and runs Flash on top of that. The (blunt) question therefore is, apart from Windows compatibility, why would anyone buy a Netbook?
Obviously Microsoft and Apple have decided not to take part officially in the OSP for obvious reasons; Adobe is growing into a potential competitor to their respective plans to conquer the mobile market. Flash for example could be used as a content delivery platform that could rival the App Store.