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Microsoft has lifted the lid on their new Xbox One console design



From Anandtech:
The Xbox One is part of the eighth generation of consoles, and was originally released in November 2013. The new Xbox One S is assumed to have similar hardware inside, however the design is taking up 40% less volume. Typically when a device changes in volume this much, as with previous generations that have launched slimmer designs, inside there will be a processor on a smaller process node and optimized for power for the same performance. This allows a smaller more efficient design, and in this case Microsoft has integrated the power supply into the console, negating the need for a large power brick.

Other highlights for the launch include HDR and 4K output support, although it is unspecified if this is through HDMI 2.0 or DisplayPort. The main thing here is for streaming video from services such as Netflix, Amazon and Hulu rather than running games at 4K. Theoretically it also means that the video outputs can offer enough bandwidth for some of the virtual reality headsets on the market/coming to market.
  Microsoft Announces Xbox One S Console: A Slimmer Design