Claims are pointing that Sony is currently developing a new portable console, capable of playing PlayStation 5 games.

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.

Bloomberg reports that Sony is "in the early stages" of work on a fully portable console that can play PlayStation 5 software. The device is still "likely years away from launch," according to "people familiar with its development" that spoke to Bloomberg anonymously.

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.

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,

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.