Sony’s next PlayStation Portable is codenamed NGP and will be based on five key concepts: Revolutionary User Interface, Social Connectivity, Location-based Entertainment, Converging Real and Virtual (augmented) Reality. It will be compatible with the PlayStation Suite and is backwards-compatible with downloadable PSP games and content.

It has a quad-core ARM Cortex-A9 processor, 5-inch touchscreen OLED display with 960 x 544 resolution, dual analog sticks, 3G, WiFi, GPS, a rear-mounted touchpad, accelerometer / gyroscope motion sensing, an electronic compass, and cameras on the front and back. Expect it to be available this holiday season.

[Engadget]