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?

A new leak has revealed that a new console is on its way from Sony, and its bound to cause shockwaves for Nintendo and Xbox. Bloomberg have reported that Sony has a new handheld console in early development,

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.