According to Intel, their new Atom-based smartphone and tablet chips will work just fine with Google's latest Android 4.1/Jelly Bean OS. Here's their statement,

"Intel continues to work closely with Google to enable future versions of Android, including Jelly Bean, on our family of low power Atom processors”.
Unfortunately, no timeline as to when the devices might start to receive this update has been given, but it's interesting to see that Intel is making sure there hardware keeps up with the changes. Folks with Orange Network phones should be pleased.

Source: TalkAndroid