According to Dell's Taiwan site the latest Latitude laptop will be launched on 2nd July. The article has been removed from the site, probably after Notebook Review busted the story. The 12.1-inch D430 includes 1.2GHz Intel Core 2 Duo U7600 or Core Solo U1400 processor, up to 2GB RAM, 1.8" 4200 RPM hard drive (optional 32GB SSD), Intel GMA 950 graphics, and 802.11 a/b/g/n wireless.

No word on pricing.

Source
Dell Taiwan