It’s said that the device builds on the PlayStation Portal, which was originally designed as something akin to this before moving to streaming.

It’s not too late for the major console makers to make a handheld, but reports note a PlayStation handheld may still be years away.

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,

All three major console platform holders are working on handheld devices.

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.

A credible insider suggests that a big design change in the upcoming Xbox handheld console may allow it to natively run PlayStation 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,

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

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?

Sony is said to be working on a portable gaming device that can play PS5 games, though it's years away from release.