Valve Confirms Development of 'Steam Deck 2', Highlights Requirement for Generational Leap in Performance

Valve Leverages Lessons from First-Gen Handheld PC to Develop Next-Gen Steam Deck 2; Company Waits for Technological Advancement for Significant Performance Improvement and Wallet-Friendly Pricing

Valve has confirmed the development of 'Steam Deck 2', following the successful market reception of its first-generation handheld PC, Steam Deck.
The company is holding out for significant advancements in technology to support a dramatic leap in performance and cost-effectiveness before the new device's launch.
The current generation's AMD Sephiroth chip, a 6nm die-shrink version of the 7nm AMD Aerith APU used in the first Steam Deck, does not fulfill Valve's performance expectations for the second generation. Therefore, there may be a wait of two to three years until the right chip is available.
Apart from performance, major factors that Valve is considering for the second generation hardware include power envelope, battery life, device weight, and affordability.
In the meantime, Valve has introduced an OLED version of the original Steam Deck, which addresses two of the most common complaints about the first-generation device: display quality and battery life. Moreover, it also benefits from a better grip, less heat generation, quieter operation, and a longer charging cable.