An industry insider claims that Microsoft's rumored Xbox handheld will be able to run PlayStation 5 games. Rumors of a handheld Xbox console have been circulating for years, but were recently semi-confirmed by Phil Spencer,

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?

Sony’s PS5 Pro has been out less than a month, but there’s already speculation about what its next gaming hardware release could have in store for us. And the latest report isn’t about some even more high-performance PS6 – rather, it’s that Sony is working on a new handheld that’ll be able to play PS5 games natively.

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,

It’s said that the device builds on the PlayStation Portal, which was originally designed as something akin to this before moving to streaming.

Sony is reportedly contemplating a new PlayStation gaming handheld, intending to compete with Nintendo and possibly Xbox in the future.

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 is working on a portable PlayStation 5 console, according to a new report.The Latest Tech News, Delivered to Your Inbox

For the first time since 2012, Sony is developing a legitimate handheld device for playing PlayStation games, Bloomberg reports. There isn't much else to say about the device right now, as Bloomberg noted that it's most likely years away from launch — if Sony decides to follow through with launching it at all.