Said to be codenamed Anaheim, the news Microsoft has a new rendering engine on the horizon will go down well with those who have been disappointed by Edge.
Sources told Windows Central that the new browser will become the default on Windows 10, although it is not known whether Microsoft will continue with the Edge branding or use something completely different.
But a new browser under development at Microsoft will apparently address this by looking and performing a lot more like the current market leader. That effort would certainly be more credible if the core web browsing experience didn't have to rely on Edge. With a new browser that's built on Chromium, websites should behave exactly the same as they do on Chrome.
Earlier today, it was revealed that Microsoft is working on a new Chromium web browser to replace Edge and compete more directly with Chrome and Firefox. That's why Microsoft throwing in the towel on EdgeHTML is a good thing.
Edge, which was carried in with Windows 10 in 2015, was supposed to be the fastest, sleekest browser around, but since then it has struggled in getting a foothold despite Microsoft pushing it at every turn.
There's still no official name for the browser.
According to The Verge, Microsoft could announce its Chromium browser plans as soon as this week.
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Originally designed as a replacement for Internet Explorer, Edge does have a modern look and feel.
"Part of our strategy with EdgeHTML is to build an engine that, instead of replicating (and, in some senses, competing with) the underlying platform, integrates and works with it to deliver the best possible security, accessibility, battery life, interactivity, just pure raw performance on that platform".
What will this mean for you? Ever since Chrome OS entered the scene, we've been waiting for Microsoft to come out with its own pared down version of Windows, but its half-hearted attempts (Windows 10 S, Windows RT) have all fallen flat.
Compare that to Google's 61 percent share and you can see why Microsoft may be more than a little concerned.