PSP2 to be revealed on Jan 27, is as powerful as PS3?

Sony is looking to give the first glimpse on its upcoming PSP2 handheld console if the latest report is to be believed. VG247 claims that Sony is holding a “business overview and strategy meeting” in Tokyo on January 27 and “very select press” is invited where they’ll get a look at the PSP2.

PSP2 is codenamed as VITA and is rumored to be in the hands of developers for at least one year.

Moreover, another report from MCV suggests that Sony is claiming the new PSP2 to be “as powerful as the PS3.” This of course, is nothing but hyperbole but indicates that PSP2 will be capable to deliver better graphics.

Additional rumored features include an HD screen, dual-stick controls and even a media format, which we assume will be the UMD.

As for the launch, the console is expected in Q4 2011 launch, mostly before October.

• Sony PSP2 rumored to have 3G, OLED display
• Sony PSP2 coming on Jan 27, PlayStation Phone at MWC?
• Sony PSP2 will have touchscreen, two cameras and a powerful CPU
• Don’t call it PSP2 or PSP-4000, its PSP Go!