Sony will unveil a new version of its handheld game console PlayStation Portable on January 27, as well as a gaming-oriented smartphone in February, Bloomberg reports citing two people with knowledge of the company’s plans.

Rumors of Sony working on a combination of a portable gaming device and a smartphone surfaced early last year, but the details about the device were very scarce, and they still are.
No new details have been revealed about the next generation of PlayStation Portable, except that it will be revealed at a briefing on January 27, which Sony has declined to comment. The PlayStation phone will have a touch screen, and will be presented at the Mobile World Congress in Barcelona, held from 14-17 February 2001.
Regardless of the technicalities, it’s clear that Sony needs to rethink its portable gaming strategy, as recent numbers show that the iPhone and Nintendo DS are causing Sony’s share in the portable gaming market to rapidly shrink.
Sony plans to do exactly that. The company will outline a new strategy to combine its various online services and enable users to share games, movies and music among devices such as handhelds and TVs, Bloomberg‘s sources claim.