All three major console platform holders are working on handheld devices.

Sony is developing a new handheld console that plays PS5 games natively, aiming to compete with Nintendo and Microsoft in the portable gaming arena.

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.

Handhelds are clearly going to continue coming back in a big way, as now even Sony is reportedly developing a proper, non-cloud based portable 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?

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

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 Group Corp. is in the early stages of developing a portable console that would play its PlayStation 5 games on the move.

For the first time since 2012, Sony is developing a legitimate handheld device for playing PlayStation games, Bloomberg reports. For good reason, there isn't much else to say about the device right now,