PSP NGP (Playstation Portable NGP)

It's official. The successor to PSP has been announced.

Specs: (Note that these are likely to change.)

-PS3 caliber graphics.
-Wi-Fi, and third generation wireless connection.
-Touch panels, and touch pads.
-5-inch OLED screen. Much better than liquid crystal display.
-Motion sensor, and GPS location technology.

Kazuo Hirai holding the PSP NGP. (This seems familiar.)

The PSP NGP will face off against the Nintendo 3DS.