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?

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,

Sony is currently in the "early stages of developing" an all-new handheld PlayStation device that would allow users to play PS5 games on the go, a report from Bloomberg claims. Sources speaking to the outlet under anonymity said the device is "likely years away" from release and warned it may never actually make "it to market".