14 DAY TRIAL // Calling Core i3 CPUs “low end” isn't quite correct, since Celeron is the line usually associated with that market segment.
Nonetheless, compared to Core i7, and even Core i5, Core i3 CPUs are, indeed, aimed at prospective buyers with much less money to spare.
That said, the newcomers, detailed on their official web page, have all the assets of the Ivy Bridge 22nm technology: Wireless Display (WiDi), Intel Quick Sync Video, HD Graphics, etc. The clocks go from 2.8 GHz to 3.4 GHz.
These are all desktop processors with two cores each, so keep an eye out for them when browsing at your local retailer.
Bear in in mind, though, that there is no PCI Express 3.0 support on them. It shouldn't be a problem of course, since people who afford a video card strong enough to need better than 2.0 probably afford a better CPU too, but it's good to know regardless.