Microsoft has confirmed that it will be attending the Electronic Entertainment Expo, also known as E3. The tech giant will also be teasing the Xbox Project Scorpio at the event.

Microsoft took to Twitter to announce the news. It shared a photo of an ultra HD4K chip, the same thing the company teased at last year's E3 conference. Along with the photo, it shared, "Brace for big news. #XboxE3 briefing will air Sunday, June 11 at 2 PM PT."

The company has kept mum about the specs or design of the next-generation console, but it has confirmed that the device will be 4.5 times more powerful than its Xbox One. Reports say that the console will come with better graphics, specifically better 4K gaming features, and support for virtual reality (VR). According to Microsoft, the console will have 320 GBs worth of memory and will have 8 CPU cores.

Last June, Xbox head Phil Spencer revealed that Project Scorpio will be the first console to have 6 teraflops of power, to deliver the real 4K gaming experience without having to sacrifice quality. To add, Spencer shared that the company intends to deliver a better VR experience for gamers, without sacrificing performance.

After the device was confirmed, Microsoft has remained tight-lipped about Project Scorpio. The tech giant has not revealed the device's price, specs, its exact launch date, and more importantly, the device's name. Perhaps Microsoft will unveil more information about the console at the E3 press briefing this year.

Microsoft believes that Project Scorpio will be the most powerful console built. By paying attention to the tech industry's feedback, the company believes that the device will take Xbox forward.

Project Scorpio is expected to launch later this year in time for the holidays.

More updates are expected to roll out in the coming weeks.