Sony is reportedly exploring the development of a new portable console capable of playing PlayStation 5 games, according to a recent Bloomberg report. The device, aimed at broadening PlayStation's market reach and challenging Nintendo’s dominance in handheld gaming, is said to be in its early stages. While the concept shows promise, the console is likely several years away, and Sony could ultimately decide against moving forward with the project.

This news follows Sony's November 2023 release of the PlayStation Portal, a remote play handheld device designed to connect with PS5 consoles. Priced at $199.99, the Portal features an 8-inch LCD screen with 1080p resolution at 60fps, offering a unique blend of portability and performance. The device, however, is limited to playing supported PS5 games and does not support PSVR2 titles or PlayStation Plus Premium’s cloud-streaming games.

Sony's latest efforts come amid ongoing success for the PlayStation 5, which surpassed 50 million units in sales by December 2023, making it Sony’s fastest-selling console. The PS5 initially launched in November 2020, with subsequent milestones marking 30 million units sold by January 2023 and 40 million by July of the same year. Sony also introduced a new, smaller PS5 model in late 2023 and launched the PlayStation VR2 system in February.

As Sony strategizes its next steps in the gaming industry, a portable PS5 console could further cement its place in the evolving market, providing fans with an exciting new way to enjoy their favorite games.