A processor component is an Embedded Component encapsulating one processor type. A Processor Expert project may contain one or more processor components. The project generated for one processor is called an application. Processors included in a project are displayed in the upper part of the Components view. It is possible to switch among the processor component, but only one of the processor can be active at one time.
The Build options accessible in the Component Inspector of the processor component allow you to set properties of the Compiler and Debugger (if it is supported).