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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 reportedly developing new handheld gaming console to compete in portable market, rivals include Nintendo and Microsoft.

Sony is developing a new handheld console that plays PS5 games natively, aiming to compete with Nintendo and Microsoft in the portable gaming arena.

Rumors continue to swirl about the possibility of Xbox releasing a handheld, posing questions about what this hypothetical device could look like.

That could change in the future as Sony is reportedly developing a new portable console that would offer games directly on-device, Bloomberg reports.