Sony Computer Entertainment worldwide studios president Shuhei Yoshida has confirmed that the company will finalize its name for the PSP successor — currently codenamed NGP — later this year.

“Well, NGP is the codename we’ve used since 2008. We will announce the final name of the console sometime later this year,” Yoshida told Edge Magazine.

Backed by 3G tech and touch-sensitive pads, the NGP is a versatile device. While it’s hard to see Sony dropping the PSP moniker entirely, perhaps they’ll affix something more catchy than a “2.”

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