As Nintendo ramps up to compete with Sony and Microsoft with the Switch 2, it shouldn't pass up one key hardware opportunity.

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.

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.

According to a Bloomberg report, Sony is getting back into the handheld business in a big way. The company is working on a handheld PlayStation to rival the Nintendo Switch, but it's still years away.

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.

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,

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.

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’s PS5 Pro has been out less than a month, but there’s already speculation about what its next gaming hardware release could have in store for us. And the latest report isn’t about some even more high-performance PS6 – rather,