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.

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,

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 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 working on a portable PlayStation 5 console, according to a new report.The Latest Tech News, Delivered to Your Inbox

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.