How likely is the new PS handheld rumor

[Soundwave]

Hiku said:

KrspaceT said:

What's your take on that rumor? Does it have any chance of popping up? What would be the ramnifications of it?

Apparently Square Enix CEO mentioned PSP3 as an unreleased platform in a press release: https://youtu.be/GjSG2vr-Yk8?t=302

Which is bullshit. Square-Enix CEO talks about a completely new Sony platform and no one notices it. Try again Dave. 

More likely that article was a mistranslation or full of crap by some 12 year old kid.