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?

Little else is known about the project right now, but Bloomberg reports that sources familiar with the device say it’ll compete against Nintendo’s Switch and the final version of the Xbox handheld that's currently being prototyped.

PS5 portable rumors have been circulating recently, suggesting that Sony is returning to the handheld market with a device that plays games natively.