Sony, a major player in the handheld gaming market, may be preparing for a major comeback, particularly after Phil Spencer, CEO of Microsoft Gaming, revealed that Microsoft is also venturing into handheld gaming.
Speculation suggests that Sony could unveil the new handheld as early as 2025, sparking rumors of a potential launch of their portable console.
Sony faces competition from Nintendo's successful Switch console, which has sold over 146 million units as of September 2024.
Analysts estimate that the new Sony handheld could cost between $300 and $500, offering better performance capabilities compared to previous models.