A flurry of new details about Microsoft's Xbox handheld have emerged. Leaks have revealed the OEM, the target price, and more.

I understand the Xbox work that has hit the headlines this week is actually called Project Kennan, not Keenan. I’m told that Kennan is the codename for a handheld that is being manufactured by Asus, and it’s part of a larger effort from Microsoft to unify Windows and Xbox towards a universal library of Xbox and PC games.

Sources say that Asus and Microsoft are working together to build the first Xbox handheld gaming console for launch later this year.