Sony’s Andrew House has announced the highly anticipated PS4 Pro, formerly known as the PlayStation Neo.

This new console will be, as House suggested, designed for the more “discriminating player,” and will offer upgraded hardware that is still fully functional with all current PS4 games.

The console boasts an upgraded GPU, a boosted clock rate, and a 1 terabyte hard drive. The console will be fully functional with 4K, in both gaming and video streaming.

The PS4 Pro, on the right, coupled with the PS4 Slim.
The PS4 Pro, on the right, coupled with the PS4 Slim.

Mark Cerny took the stage to showcase the potential of the console, highlighting the HDR capabilities of the hardware.

The PS4 Pro also enhances the performance of the PSVR headset, allowing the developers to increase the “crispness” of the display, according to Cerny.

PS4 Pro releases on November 10, retailing at $399.