text: PalmOne packs Treo smart phone with new chip PalmOne Inc.'s long-awaited update to the Treo 600 will come with a new processor, sharper display and flash memory, as the company continues to improve its flagship product. The company is set to unveil the device, called the Treo 650, Monday at the Cellular Telecommunications and Internet Association's (CTIA's) Wireless IT and Entertainment conference.