Valve could be working on secret “Steam Box” console

Citing unnamed sources, the site writes that Valve may be working on their own video game console, called the Steam Box, powered by their Steam service.

The device could be equipped with an Intel Core i7 processor, 8GB of RAM and an Nvidia graphics card.

The Steam Box would also support the company’s yet-unreleased Big Picture mode that would help get computer games onto HDTV.

Valve president Gabe Newell recently confirmed in an interview with TechRadar that the company is considering building a new console.

“If we have to sell hardware we will,” Newell said.

“We have no reason to believe we’re any good at it, it’s more we think that we need to continue to have innovation and if the only way to get these kind of projects started is by us going and developing and selling the hardware directly then that’s what we’ll do.”

“It’s definitely not the first thought that crosses our mind; we’d rather hardware people that are good at manufacturing and distributing hardware do that.”

Valve is expected to reveal more about its Steam Box at this week’s Game Developer’s Conference or later in the year at E3.