Microsoft

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said a new version of the Zune portable media player will be available this fall.

Microsoft said the Zune HD combines a built-in high-definition radio receiver, HD video output capabilities and touch-screen technology. It also will have a Wi-Fi connection, allowing for instant streaming to the device from the Zune music store, and an Internet browser.

The software giant also said Zune will extend its video service to Xbox Live internationally in the fall.

"The Zune music player is an integral part of the overall Zune experience, and we're proud to be growing and extending our offering beyond the device," said Enrique Rodriguez, a corporate vice president, in a statement late Tuesday. "Delivering on Microsoft's connected entertainment vision, this news marks a turning point for Zune as it brings cross-platform experiences and premium video content to living rooms around the world."

The company didn't provide a price for the new version of the media player.

Microsoft's Zune competes with the popular iPod from

Apple

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.