Acer has announced their newest netbook PC which is powered by Intel’s Pine Trail platform. The new Acer Aspire One AO532h Pine Trail Netbook is powered by Intel’s new Atom N450 1.66GHz processor, integrated GMA3150, 160GB Hard Drive and 1GB of RAM.

It gets a 10.1-inch LED-backlit display, a webcam, a multi-in-one card reader, multi-gesture touchpad, built-in speakers and support for WiFi 802.11b/g/n connectivity. The Aspire One AO532h is available in the colors of Onyx Blue, Garnet Red and Silver Matrix for $299.99. It runs the Windows 7 OS Starter Edition..