Microsoft is reportedly planning to launch an Xbox next-generation handheld device for the holiday season of 2027, with its next-generation console, codenamed Project Helix, scheduled for the 2028 holiday season, according to a report from Fortune. The report does not clarify whether Microsoft will manufacture the handheld itself or partner with a third-party manufacturer. Microsoft previously collaborated with Asus on Xbox Ally devices, which ran a modified version of Windows 11 with an Xbox mode enabled. Xbox CEO Asha Sharma has described Project Helix as a "family of devices," suggesting the next Xbox console may consist of multiple hardware components rather than a single unit.