Sony is reportedly working on developing a new handheld console to compete with Nintendo’s dominance in the portable gaming market. This news comes after reports of Microsoft attempting to create an Xbox handheld console earlier in November.
The idea behind Sony’s handheld console is to expand the reach of the PlayStation brand and allow players to enjoy PlayStation 5 games on the go. However, it is still in the early stages of development, and there is a possibility that Sony may decide to drop the project altogether before it comes to fruition.
On the other hand, the PlayStation 5 has been selling at a record pace, with over 50 million consoles sold worldwide as of late last year. Sony has also introduced the PlayStation 5 Pro console to cater to the high demand for next-gen gaming experiences.
In addition to expanding its gaming reach, Sony is also looking to make a mark in the anime world. The company has made strategic acquisitions of popular anime platforms such as Funimation, Crunchyroll, and Right Stuf. There are also talks of Sony potentially acquiring major Japanese company Kadokawa, known for its manga and anime content.
Initial reports from Reuters suggested that Sony was interested in buying Kadokawa, although neither company confirmed the rumors at first. However, last week Kadokawa acknowledged Sony’s interest in acquiring its shares and stated that no decision has been made yet. If the acquisition goes through, it could happen within the next few weeks.
While the potential acquisition of Kadokawa may happen soon, Sony’s handheld console project is expected to take much longer to materialize. As Sony continues to explore new avenues for growth and expansion, the development of a handheld console could be a strategic move to tap into the portable gaming market dominated by Nintendo.
