The next-gen Xbox console has been unveiled as Xbox Series X.

Phil Spencer

Phil Spencer

Microsoft boss Phil Spencer unveiled the eagerly-awaited console, which was nicknamed Project Scarlett, made the announcement at The Game Awards 2019 in Los Angeles on Thursday (12.12.19).

The Xbox Series X is the follow-up to 2017's Xbox One X.

The new console comes with a brand new Xbox Wireless Controller, which has an updated design and a Share button.

Microsoft said the "size and shape have been refined to accommodate an even wider range of people."

Not much else was revealed, but Spencer recently said he wants to focus on RPGs on their next-gen consoles.

As the gaming world prepares for the launch of Xbox Series X in 2020, the executive vice-president of Gaming at Microsoft revealed their plans to release more RPG games like 'The Witcher 3' and 'Fable'.

He said: "One of the things that I'm really proud of that I see now is how RPGs are stepping up for us.

"Back in the day, when I think [of] 'Mass Effect 1', which I worked on, 'Jade Empire', 'Fable', I remember we really staked out RPGs as something that was important.

"Obviously first-person and third-person shooters have been strong.

"But it's nice with '[The] Outer Worlds' coming out, 'Wasteland [3]'.

"I think RPG is an area that we [purposefully] focused on and wanted to do more."

Meanwhile, Spencer recently insisted the upcoming console wont be "out of position on power or price".

He stated that his team learned from the launch of the Xbox One and they won't be making the same mistakes when they release the next-generation hardware.

He said: "I would say a learning from the Xbox One generation is we will not be out of position on power or price.

"If you remember the beginning of this generation we were a hundred dollars more expensive and, yes, we were less powerful.

"And we started Project Scarlett with this leadership team in place with a goal of having market success."

The businessman added that the company had been debating another console generation for "years", and there will be more to follow.

He said: "We're all-in on Project Scarlett and I want to compete, and I want to compete in the right ways which is why we're focused on cross-play and backward compatibility."