Market Chatter: Sony Developing New Handheld Console For PS5 Games, Taking on Nintendo, Microsoft

MT Newswires Live11:49

Sony Group (TYO:6758) is developing a new handheld console for PlayStation 5 games, aiming to compete with Nintendo and Microsoft in the portable gaming market, Bloomberg News reported Monday, citing people familiar with the development.

Sony is in the initial phase of creating a portable console to play PS5 games on the go, according to the news wire.

The company did not immediately respond to MTNewswires' query on the matter at the time of writing.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price (JPY): $2967.00, Change: $-11, Percent Change: -0.35%

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