Little else is known about the project right now, but Bloomberg reports that sources familiar with the device say it’ll compete against Nintendo’s Switch and the final version of the Xbox handheld that's currently being prototyped.

Sony reportedly intends to position a new gaming handheld as a competitor to the highly successful Nintendo Switch.

Handhelds are clearly going to continue coming back in a big way, as now even Sony is reportedly developing a proper, non-cloud based portable console.

Bloomberg have reported that Sony has a new handheld console in early development, which will allow PlayStation fans to play their PS5 games on the go. This is a true handheld, scrapping the game streaming features of the PlayStation Portal. Games will run natively on the console, much like the Nintendo Switch or the upcoming Nintendo Switch 2.

Sony Group Corp. is in the early stages of developing a portable console that would play its PlayStation 5 games on the move.

Try a single issue or save on a subscription Issues delivered straight to your door or device Sony is reportedly working on a brand new portable console to build on the idea of its PlayStation Portal and compete with Nintendo in the handheld space,