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?

According to Bloomberg, Sony is developing a new portable console capable of running PlayStation 5 games. Sources familiar with the project claim the system is in its early stages of development, meaning it could still be years before it becomes a reality.

Sony joins Microsoft in the race to develop a standalone portable console that would play games on the go like Nintendo's popular Switch console.

In its heyday, I used the PlayStation Portable (PSP) obsessively, but I haven't been pulled in by other handheld devices — no, not even the Nintendo Switch. That could change in the future as Sony is reportedly developing a new portable console that would offer games directly on-device,

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. It's claimed that the console is in the early stages of development,

Sony could be following up the release of the PlayStation Portal with a new handheld PlayStation 5 console, according to a new report. Bloomberg claims that Sony is working on a portable PlayStation 5 and would be in direct competition with the Nintendo Switch successor or an Xbox handheld,

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.