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The current Xbox Series S has 512GB of storage, which has been a sticking point for some players given the sizes of some current-gen titles.
The new black Xbox Series S will see a storage increase, offering 1TB of storage instead.
The new console will be available on September 1, and will cost $349, which is $50 more expensive than the 512GB model.
“When it comes to our consoles, we have heard your feedback on two fronts,” Xbox boss Phil Spencer said during the Xbox Games Showcase presentation today.
“First, we have significantly increased our supply of Xbox Series X, making it easier for fans to find globally.
“Second, we know you’ve wanted more storage with Xbox Series S, and I’m excited to share we have some news there as well.”
Players who currently own a white 512GB Xbox Series S and want extra storage but may not want to buy an entirely new console for it may instead want to buy an Xbox storage expansion card.
Last week Western Digital launched its own range of expansion cards, offering a 512GB card for $79.99 and a 1TB card for $149.99.