Today at Tokyo, Sony unveiled the next-generation PlayStation Portable, touting it as the Ultimate Portable Entertainment System.
Codenamed "New Generation Portable" or NGP, the system revolves around five key concepts: Revolutionary User Interface, Social Connectivity, Location-based Entertainment, Converging Real and Virtual Reality.
Sony PSP NGP runs on a quad-core ARM Cortex-A9 processor and features a 5-inch touchscreen OLED display with 960 x 544 resolution, dual analog sticks (as opposed to those nubs on the current generation PSP), 3G and WiFi connectivity support, GPS, a rear-mounted touchpad, an electronic compass, accelerometer and gyroscope motion sensor similar to that of PlayStation Move, and two cameras - one at the back and another one in front.
This new generation device will be compatible with the PlayStation Suite and is likewise backwards-compatible with content and downloadable games from Sony PlayStation Store.
Interestingly, despite its January unveiling, Sony intends to release NGP at end of the year 2011, around Yuletide season. So I guess that gives the fans enough time to save up for it.