Next Generation Portable a.k.a Sony Playstation Portable 2 !!

That's right, its finally official. Named the Next Generation Portable (NGP), it is actually the successor of the PSP. With capacitive touchscreens, OLED screen, 3G, Wifi, GPS and a double analog stick this time, it now really looks like a portable playing station. Boasting a ARM Cortex A9Core (Quadcore) as its processor, it surely will produce stunning graphics without lag-ness (we all hope) that is never been seen in a handheld till now. Scheduled to be released in Japan this coming holiday season, it will be only be released in the United States in the Christmas season and who knows when it'll get a release in Malaysia by this year. =(

Key features (quote):

• Multi-touch 5-inch organic light emitting display (OLED) as the front display
• Multi-touch pad on the rear of the device
• Dual analog sticks
• Two cameras (front and rear)
• Software titles on small, dedicated flash memory-based cards
• Three motion sensors, gyroscope, accelerometer and electronic compass
• Wi-Fi and 3G network connectivity
• PlayStation Network access, including ““LiveArea™”, “Near” and “Activity” log features Trophy Support
• NGP will be able to play PSP titles, minis, PS one classics, video and comics from the PlayStation Store.

The specifications are (quote):

CPU	ARM® Cortex™-A9 core (4 core)
GPU	SGX543MP4+
External Dimensions	Approx. 182.0 x 18.6 x 83.5mm (width x height x depth) (tentative, excludes largest projection)
Screen (Touch screen)	5 inches (16:9), 960 x 544, Approx. 16 million colors, OLED Multi touch screen (capacitive type)
Rear touch pad	Multi touch pad (capacitive type)
Cameras	Front camera, Rear camera
Sound	Built-in stereo speakers Built-in microphone
Sensors	Six-axis motion sensing system (three-axis gyroscope, three-axis accelerometer), Three-axis electronic compass
Location	Built-in GPS Wi-Fi location service support
Keys / Switches	PS button Power button Directional buttons (Up/Down/Right/Left) Action buttons (Triangle, Circle, Cross, Square) Shoulder buttons (Right/Left) Right stick, Left stick START button, SELECT button Volume buttons (+/-)
Wireless communications	Mobile network connectivity (3G) IEEE 802.11b/g/n (n = 1×1) (Wi-Fi) (Infrastructure mode/Ad-hoc mode) Bluetooth® 2.1+EDR （A2DP/AVRCP/HSP）

A short video on the introduction can be viewed HERE.

Source: BBC.co.uk, Crunchgear.com, Playstation.com, Cybergundam