It’s not too late for the major console makers to make a handheld, but reports note a PlayStation handheld may still be years away.

Sony is reportedly working on a brand new portable console to build on the idea of its PlayStation Portal and compete with Nintendo in the handheld space, according to a report from Bloomberg.

Following nearly a year of rumors, a major news publication has corroborated reports of a PlayStation handheld.

According to a Bloomberg report, Sony is getting back into the handheld business in a big way. The company is working on a handheld PlayStation to rival the Nintendo Switch, but it's still years away.

Sony will be building on the design of the PlayStation Portal device for its handheld console, according to Bloomberg. According to the publication's sources, the Portal,

A new unannounced PlayStation handheld is in active development, according to a recent report, and is likely still years away but supports PlayStation 5 games.

Sony is reportedly testing a new PlayStation handheld console that would directly compete with the Nintendo Switch.

For the first time since 2012, Sony is developing a legitimate handheld device for playing PlayStation games, Bloomberg reports. For good reason, there isn't much else to say about the device right now,

Sony is reportedly working on a PlayStation handheld that can play PS5 games, but like Xbox's planned device, it's years away.