Microsoft has officially announced a second next-generation console called the Xbox Series S. Although it appears the announcement came prematurely due to the leaks, there are not too many official details on the system.

The Xbox Series S has a slim, white appearance and will deliver “next-gen performance in the smallest Xbox ever,” despite the Xbox Series X already being small in comparison to the next-gen PlayStation 5. Microsoft has also confirmed the system will cost $299 USD. According to sources, many believe the console will feature similar internals to the Series X, but with less powerful CPU/GPU and no disc drive. If so, the console may be the cheapest way to play new games, but at the cost of 4K capabilities.

The new console features a large vent on top, which most assume is to keep the internals cool. It also has a similar design to the Xbox One S but appears to be a third of the volume of its Series X contemporary. According to a promotional video leaked following Microsoft’s announcement, the Xbox Series S will target 1440p gaming at “up to 120fps.” It will feature raytracing, variable-rate shading, variable refresh rate, and ultra-low latency support similar to its counterpart, but with only 512GB of storage. The console will also upscale games to 4K and the console can playback 4K media.

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