A new leak has revealed that a new console is on its way from Sony, and its bound to cause shockwaves for Nintendo and Xbox. Bloomberg have reported that Sony has a new handheld console in early development,

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

After watching Nintendo dominate the gaming landscape over the last eight years with a hybrid game console, Sony is getting ready to challenge the Switch with a new handheld console of its own. Bloomberg reports that Sony is in the early stages of developing a portable game console capable of playing PS5 games natively.

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,

For the first time since 2012, Sony is developing a legitimate handheld device for playing PlayStation games, Bloomberg reports. There isn't much else to say about the device right now, as Bloomberg noted that it's most likely years away from launch — if Sony decides to follow through with launching it at all.