Sony (NYSE:SONY) is reportedly in the early stages of making a portable console that would run PlayStation 5 games on the move, and the device is expected to compete directly with Nintendo Co. (OTCPK:NTDOF) for the handheld gaming console market share,

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.