LIF is Mexican and ZIF is white
Cutec at http://cutec.wordpress.com/2008/08/14/acer-aspire-one-zg5-hands-on-experience/#comment-77 propose the following:
Difference between ZIF and LIF is in the design, ZIF is designed to be changed less than 5 times, LIF about 20 times before breakage is expected.
another great site: ziflif.info/ziflif/
The letters L and Z. LIF is low insertion force while ZIF is zero insertion force. LIF is used to provide an "interference fit" between two components (a plug and a socket) such that a small amount of force is required to engage them and fully lock them into place. ZIF has no interference and thus requires some additional means of latching the connection so that the two components do not come apart. LIF is cheaper to produce as it requires fewer components, however the connection is only as good as the interference between the components. An example of a LIF is a USB plug and socket. An example of a ZIF is an RJ45 plug and socket (Ethernet connection), which has a spring-loaded plastic "tang" on the plug to lock the connection in the socket. SATA drive connections come in both LIF and ZIF forms.
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Pin 1 on the CPU is aligned with Pin 1 on the ZIF socket.
Zero Insertion Force (a socket normally used with electronic chips so they dont have to be soldered - the heat can damage them)
A CPU socket is a mechanical connection. Its main function is to serve as a connection that holds the CPU and allows it to communicate with the motherboard.
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ZIF
ZIF is used on almost all modern processors. You need to find out which socket it uses.
Zero insertion force socket
ZIF (Zero Insertion Force)
ZIF or "Zero Insertion Force" sockets allow the socket to open to receive the pin without pressure and then close around the pin to give a good, solid connection.
Zif
Zif
PGA
Zero Insertion Force socket, the ZIF socket was designed by Intel and includes a small lever to insert and remove the computer processor.
Pin 1 on the CPU is aligned with Pin 1 on the ZIF socket.
The lever doesn't lift the processor out of the socket; it takes the shearing force off of the processor pins inside of the holes, so that the processor can be lifted out, or inserted, with no pressure necessary. When you lower the lever on a ZIF socket, the pins are clamped down on under the socket plastic housing.
"ZIF" is an anconym for "Zero Insersion Force". For any processor, or other integrated circuit designed for insertion into a socket, the force required to insert or remove it is proportional to the number of pins on the chip. As each pin needs a secure connection to it's socket, the force required on modern processors, having close to a thousand pins; to insert into or remove from a socket reliably and without damage; would be extremely high and would likely cause physical damage if done by hand. A ZIF socket utilizes a clamping mechanism whereby the socket contacts can be opened using a lever. This allows a processor, with hundreds of fragile pins, to simply be dropped into the socket with no force. Then, the ZIF socket is clamped or "locked" using the lever which firmly clamps all pins tightly. In this manner, a ZIF socket makes difficult and potentially damaging insertion or removal of a processor or other integrated circuit, a simple, easy, and safe task.