Code named Jasper the new engine will incorporate a new 65nm Xbox 360 graphics chip, along with 65nm 'Xenon' CPU which will be built into the motherboard by Taiwanese Company Nanya who are also responsible for manufacturing ancillary processors for the "Jasper" engine.
The new engine has been designed to deliver better performance and eliminate the high failure rate of the current model which has recently dropped from a high of 30% 12 to 16.4 according to UK electronics warranty trading firm SquareTrade.
According to Reg Hardware SquareTrade amassed a sample of 1000 warranty claims that had already been submitted for the Xbox 360 and found that 60 per cent of the failures were due to the infamous 'Red Ring of Death'. It found that both the Wii and the PS3 only failed about three per cent of the time, though sample sizes for both consoles were lower, in the "high hundreds".
Company CEO Steve Abernethy told publication 1up that it expects the 16.4 per cent failure rate to increase over time because many of the recorded malfunctions arose from overheating, as prolonged use increases the likelihood that a hardware failure will take place.