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?

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.

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

Sony is bringing a big new feature to the PlayStation Portal: cloud streaming. When it first launched, the device was only able to stream games from your PS5 over Wi-Fi. But as part of a new system update that’s rolling out starting later today,

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.

Sony is reportedly working on a PlayStation handheld that can play PS5 games, but like Xbox's planned device, it's years away.

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