CVG reports that Sony Computer Entertainment will continue to support and release titles for the Sony PSP in tandem with the upcoming NGP (Next Generation Portable). ”The NGP features everything Sony can and wants to do today,” said Shuhei Yoshida, president of Sony Computer Entertainment . “It’s a platform looking forward with great ambition. It can’t replace a platform that has already been on sale for seven years now. In terms of pricing, we can’t sell the NGP for the same price as a PSP. The PSP has become very affordable and popular, especially with younger generations. “I think the NGP needs time to mature and get adopted by users,” he added. “So, for the time being, both platforms will coexist.”
The NGP (PSP2) is rumored to launching in June, perhaps at the E3 expo for $299-$349 USD.