Sony is currently making a new handheld gaming console that allows users to play PlayStation 5 games anywhere. According to Bloomberg, the console is being developed to compete against Nintendo and Microsoft in the portable gaming market, and is likely “years away from launch” — if Sony decides to release it at all.

Move over, PlayStation Portal—a new Sony handheld is seemingly in the works. But could it compete with the Nintendo Switch or Valve's Steam Deck?

In its heyday, I used the PlayStation Portable (PSP) obsessively, but I haven't been pulled in by other handheld devices — no, not even the Nintendo Switch. That could change in the future as Sony is reportedly developing a new portable console that would offer games directly on-device,

Sources said plans were at an early stage, but Sony is keen to compete with Nintendo — and potentially, Xbox — in handhelds

Sony is reportedly set to return to the handheld console market with a new portable PlayStation that plays PS5 games on the go.

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, according to a report from Bloomberg. It's claimed that the console is in the early stages of development,

Sony is developing a portable version of the PlayStation 5, according to a new report. Bloomberg states that Sony's portable PS5 project is still in the "early stages" and might not ultimately reach the market.