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Microsoft Gaming CEO, Phil Spencer, confirmed plans for an Xbox handheld in an interview with Bloomberg. The Xbox executive outlined longer-term goals for continuing to build devices, including a major focus on handheld devices and mobile gaming markets. Additionally, Microsoft’s gaming division leader expressed interest in further acquisitions and partnerships to set up future growth of the company.
Spencer’s confirmation comes just two months after Microsoft laid off 650 gaming staff for a total of 2,550 roles cut from the gaming division in 2024. Microsoft Gaming is seeking new deals to purchase a mobile gaming company, though there are no specific acquisitions in the works, likely due to the dust settling on Microsoft’s $69 billion purchase of Activision Blizzard in 2023…more
Source www.cbr.com
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