After a long time of speculations, Sony has finally revealed that a new PlayStation is on the way.

It might be called the PlayStation 5, PS5 or a completely new name, but one thing’s for sure, gaming fans are excited to see what the highly successful PlayStation 4’s successor will bring to the table.

It is indeed time for a new PlayStation to be released in the market since both the PS4 Slim and PS4 Pro are almost at the end of their life cycles.

And though Sony is keeping the details of this new PlayStation light, here are some of the things that we know about what could be the most anticipated PlayStation launch in recent memory:

Sony confirms the news

PlayStation 4 has been around for a while now and gaming fans are starting to feel the need for something new. And after months of speculation, Sony CEO Kenichiro Yoshida finally gave a hint that a new PlayStation is in the pipeline saying that it is “necessary to have next-generation hardware.”

Mark Cerny, Sony’s system architect confirmed the news further in an interview with Wired where he revealed that the new PlayStation’s CPU and GPu are AMD chips that will support 8k graphics, 3D audio and ray tracing that is only found on very powerful computers. The CPU will feature Zen 2 microarchitecture and an eight-core chip that is based on the Ryzen line.

The features that we know about

Aside from its impressive specifications, Cerny also said that the new PS5 will be the gold standard of audio in gaming consoles with its new audio engine offering a more immersive sound that’s best experienced with your headset.

He further explained that this next-generation console has better cloud gaming performance and “dramatically improved graphics rendering” power.

In a statement released by Sony after its corporate presentation, the company explained the direction that they want to take with its future console: “two keywords for the future direction of PlayStation are immersive and seamless, with the immersive experience created by dramatically increased graphics rendering speeds, achieved through the employment of further improved computations power and a customized ultra-fast, broadband SSD.”

No PlayStation VR just yet

Now that Sony has finally confirmed that a new—and possibly its last—PlayStation is coming, fans can’t help but ask if there will also be a new PlayStation VR.

PlayStation’s global head of R&D Dominic Mallinson spoke at the Collision Conference in Toronto explaining Sony’s intention of improving its PlayStation VR to make it lighter and with less wiring.

The company is even considering adding an eye-tracking technology to its headset. Unfortunately, these improvements may not come soon enough to make it possible for the launch of PlayStation VR together with PlayStation 5.

The release date

Sony still has no official word on the exact release date of the PlayStation 5 and it already confirmed that the announcement will not be made in this year’s E3. So, the best thing for fans to do is wait until the company finally gives word on the official launch of the latest PlayStation.

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