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.

Sony is working on a standalone handheld console capable of playing PS5 games on the go, without relying on Remote Play or a dedicated PS5 console for processing power

Sony reportedly eyes the handheld gaming market with a new PlayStation device designed for native, offline PS5 game support.

Sony is reportedly working on a new portable PlayStation that will rival the Nintendo Switch in the true sense.

Sony is currently in the "early stages of developing" an all-new handheld PlayStation device that would allow users to play PS5 games on the go, a report from Bloomberg claims. Sources speaking to the outlet under anonymity said the device is "likely years away" from release and warned it may never actually make "it to market".

As for what the 'PSP' will be capable of, Bloomberg states that it will build upon the foundations of the PlayStation Portal, but rather than requiring the cloud to stream PS5 games, the device will instead play them natively. In other words, don't expect many (if any) bespoke handheld games like Tearaway or Uncharted: Golden Abyss.

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.

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

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.

Sony is working on a new handheld console for playing PS5 games that will rival the Nintendo Switch 2. Sony is developing a new handheld console, which won't rely on other consoles to work like the PlayStation Portal.