Sony PlayStation's Worldwide Studios president Shuhei Yoshida has said they'll be confirming the real name for their new handheld device later this year. It's currently codenamed NGP, short for Next Generation Portable - or Platform, either could work.
"Well, NGP is the codename we've used since 2008. We will announce the final name of the console sometime later this year," he said when asked by Edge why the device wasn't announced as the PSP2.
Sony's NGP will be out later this year in at least one region - most likely Japan.