Microsoft has said it will be bringing out its new console next year during an announcement at E3 2019, the biggest gaming event of the year, in Los Angeles.

It will be four times stronger than its predecessor, the Xbox One, boss Phil Spencer said.

Project Scarlett will hit shelves in 2020. The latest in the popular Halo series, Halo: Infinite, will be launched in Autumn in time for the next generation Xbox console.

The technology giant treated to fans to two mega announcements during the proceedings, revealing not only the new console but the news that a preview of Microsoft's hotly anticipated game streaming service will ship in October.

Xbox announced the ability to stream games from your Xbox One console, starting in preview this October. With console streaming, gamers will have access to their Xbox One game library and Xbox Game Pass titles on the go, streamed directly from an Xbox One console to a mobile device