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Microsoft will launch new Xbox console next year

Halo Infinite will be a launch title for the new hardware, codenamed Project Scarlett

Microsoft has unveiled its next generation Xbox console at E3 2019, which is still under the long rumoured codename "Project Scarlett."

Project Scarlett was introduced by Phil Spencer as part of a packed Xbox E3 press briefing, which showcased the company's growing strength as a first-party publisher.

"We hear you," Spencer said. "A console should be designed and built and optimised for one thing, and one thing only: gaming."

The new hardware was created by the same team as the one that built the Xbox One X, members of which discussed their goals in a short video. The console will be capable of 120fps frame-rates and 8K resolution, thanks to a custom AMD chip that is four times faster than the Xbox One X.

The team also emphasised the importance of its SSD (solid-state drive), which will drastically reduce load times. It's worth noting that Sony has made similar claims about the architecture of its new PlayStation console.

Rumours that the Xbox E3 briefing would feature new hardware started to emerge long before the event began. Twitter users noticed a message hidden in Microsoft's countdown to E3 promotional video, which when decoded pointed to the colour "Scarlet" -- Scarlett has been rumoured to be the codename for the next Xbox for almost a year.