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?

An industry insider claims that Microsoft's rumored Xbox handheld will be able to run PlayStation 5 games. Rumors of a handheld Xbox console have been circulating for years, but were recently semi-confirmed by Phil Spencer,

Spurred from sales of its $199 PS Portal gaming handheld, Sony is reportedly working on a dedicated handheld device that will play PlayStation 5 games.

Sony was once committed to mobile gaming with devices like the PSP and PlayStation Vita, but it abandoned handheld gaming just before the market got interesting. Following the massive success of devices like the Nintendo Switch and Steam Deck,

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

Sony is reportedly working on a new PlayStation handheld intended to rival the Switch, although it may never actually see the light of day.

For the first time since 2012, Sony is developing a legitimate handheld device for playing PlayStation games, Bloomberg reports.

Sony seems to be shifting gears, as a new report claims that another PlayStation handheld system is in the works, hoped to be able to play PS5 games natively.

Sony may be working on a portable version of the PlayStation 5, but it feels like there are already more reasons to write it off than look forward to it.

While the PlayStation Portal offered a way to play PS5 games remotely, it wasn’t a standalone handheld. In fact, it’s been about 14 years since the PS Vita appeared, and now, according to a report from Bloomberg,