NGP? You read that right � the Sony "Next generation portable" is supposedly what the new successor to the PSP will be codenamed. Announced today, and due to be released by the end of 2011, it feels as though Sony is trying to move on from the PSP label into another level.

The latest NGP will sport a unique Super Oval Design form factor, what's more, it'll be first portable entertainment system to feature two analog sticks, which will hopefully enable a wider range of game genres.

The new PSP NGP will boast both 3G and WiFi connectivity, a five-inch multi-touch OLED display and runs on an ARM Cortex-A9 core CPU. The new portable playstation system also incorporates a unique multi-touch pad on the rear, and together with the front touch display, NGP offers new game play allowing users to interact directly with games in three dimension-like motion, through "touch, grab, trace, push and pull" moves of the fingers.

NGP adopts a new game medium, a small flash memory based card, dedicated for NGP software titles. Taking advantage of the flash memory feature, this innovative card can store the full software titles plus add-on game content or the game save data directly on to the card. By adopting flash memory based card, SCE will be able to provide game cards with higher capacity in the future, allowing developers to store more game data to deliver rich and immersive games.

NGP will also come equipped with two cameras on its front and rear, as well as three motion sensors, gyroscope, accelerometer and electronic compass � the same as the Playstation Move, all of which are designed to enable users to enjoy the world of entertainment that is linked with real life experiences.

In addition, Sony also announced today PlayStation Suite (PS Suite), will also closely coordinate with NGP. This will allow future game content to run on Android devices (smartphones, tablets). As a result, users will have access to not only the most leading-edge content, but also some of the more casual experiences that typify the mobile market place.

[via OhGizmo, Crunchgear]