Sony Reportedly Developing New PlayStation Handheld with AMD

The device, potentially named 'Vita 2', is in early development stages and aims to support PS4 and some PS5 games.

Sony is reportedly developing a new PlayStation handheld console, potentially named 'Vita 2', in collaboration with AMD.
The device is in the high-level design phase, indicating it's at least two years away from completion and has not been officially greenlit for launch.
The handheld aims to support digital PS4 games natively and may run some PS5 games with 'Pro-like patches', but won't have its own exclusive game suite.
Rumors suggest the console could be a companion to the PlayStation 6, targeting the Japanese market with its portability.
Despite skepticism due to the commercial performance of the PlayStation Vita, the success of other handhelds like the Nintendo Switch and Steam Deck indicates a market demand.