PSP 2 unveiled by Sony, codenamed the NGP

New handset to arrive before the end of 2011

Sony finally unveiled the much rumoured PSP 2 at a mid-afternoon press conference in Tokyo today, confirming that it will arrive at the end of this year.

The new handset boasts the most processing power of any handheld, a high-definition 5-inch OLED touch screen on the front of the machine, a touchpad on the back, two analog thumbsticks, cameras in the front and the back and a built-in microphone.

The NGP is also kitted out with extensive communication technologies. It is equipped with Bluetooth and Wi-Fi and even features 3G connectivity.

Sony has also ditched the much-maligned UMD format in favour of a new proprietary flash memory card which will not only store games but have free space to store future DLC on the cards as well.

E3 Trailer