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access_time May 27, 2011 at 7:44 PM in Features by Josh "Clyde" McIllwain

PS4 In Development, NGP This Year?

The next PlayStation is definitely on the way!

According to an investor’s meeting at Sony HQ yesterday (translated by Andriasang), the successor to the company’s PlayStation 3 console is currently in development as we speak.  Executive vice president and chief financial officer Masaru Kato had this to say about the new home console in development:

“For the home console, the PS3 still has a product life, but this is a platform business, so for the future platform – when we will introduce the product I cannot discuss – but development work is underway, so the costs are incurred there.”

It seems that perhaps Nintendo’s rush to release a new console has potentially spurred their competitors to move a bit faster than originally anticipated.  Nintendo will be officially debuting their new system, codenamed “Project Cafe,” at E3 in just a couple of weeks.  Microsoft has also been spotted attempting to hire new employees to begin work on their new console as well.  It looks like the console race is on yet again.

In addition to revealing their home console plans, Sony also mentioned that the NGP, the codename for their upcoming handheld, is on track for release by the end of this year.  Kato had this to say on the subject:

“In the game segment, we have the NGP to launch later this year. So we have development expenses to be incurred for this product.”

Unfortunately, we have no idea which region(s) Sony is planning on shipping the NGP to this year.  Japan is the most obvious choice, but Sony could throw a curveball and ship it to America this year as well.  We will likely discover more details very soon during Sony’s press conference at E3 on June 7th.


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