New PlayStation console set to be released 'later this year'

All you gamers out there could be in for a right treat with a brand-new PlayStation console set to be released 'later this year'.

According to a court document, released as part of the Federal Trade Commission vs Microsoft trial, sees Microsoft believing that Sony will release a PlayStation 5 Slim.

And it just gets better as allegedly joining the new console is a handheld game streaming device that wirelessly connects to the PS5.

YouTube/PlayStation

Sony has not yet confirmed such claims. The documents, which have since made their rounds online, reveal Microsoft may have got there first and announced Sony's upcoming PlayStation before the brand even had a chance to do so.

The trial in question is set to determine the fate of a proposed preliminary injunction against the almost $70 billion (£55bn) acquisition of Call of Duty maker, Activision Blizzard.

Not only did Microsoft seemingly out the long-rumoured existence of a PlayStation 5 Slim but it also pointed to its alleged price too.

In the court documents, dated 22 June, Microsoft claims: "PlayStation likewise sells a less expensive Digital Edition for $399.99, and is expected to release a PlayStation 5 Slim later this year at the same reduced price point."

Talking of Project Q, Microsoft also writes: "Sony is also anticipated to release a handheld version of PlayStation 5 later this year for under $300."

In the description of a teaser video uploaded to YouTube, PlayStation revealed that the new device is designed for 'playing games installed on your PS5 and streamed over WiFi'.

Sony has previously explained: "Project Q [is] a dedicated device launching later this year that enables you to play any compatible game installed on your PS5 console using Remote Play over Wi-Fi.

"With a vibrant 8-inch LCD screen capable of up to 1080p resolution at 60fps, the device delivers crisp visuals and smooth gameplay streamed from your PS5 when you're away from your TV."

The announcement continued: "All of the buttons and features of the DualSense wireless controller, including adaptive triggers and haptic feedback, are featured on the device."

While nothing concrete has been confirmed by Sony as of yet, it's clear the news is sending gamers all over into a total frenzy.

Many have flocked to social media to share their reactions to the documents, with one Twitter user calling the console: "The one I’ve been waiting for."

A second revealed they'd 'been waiting' for the new PS5, while a third said it was 'much needed'.

Another gamer added: "I’ll cop that ngl."

LADbible has reached out to PlayStation UK for comment.