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,

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 PlayStation Portal, a remote-play device for streaming PS5 games over Wi-Fi, is a far cry from a true successor to the PSP and PS Vita. However, a

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,

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

Sony will be building on the design of the PlayStation Portal device for its handheld console, according to Bloomberg. According to the publication's sources, the Portal,

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, it’s that Sony is working on a new handheld that’ll be able to play PS5 games natively.

Sony is reportedly contemplating a new PlayStation gaming handheld, intending to compete with Nintendo and possibly Xbox in the future.