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At this point the key ability of Switch is it's hybrid nature. Removing it for a core TV experience doesn't make any sense. So hardwarewise it's a little complicated in my opinion. As many stated custom chips seem to be the go to option, since the Tegra X2 chip isn't as helpful as people seem to believe, improving mainly docked mode performance and reducing battery drain on the go is cool, but also widening the gap visually between both modes. A new Switch might need something, that improves even portable mode visually and that being said, I doubt we'll see it soon. End of 2019 or spring 2020 the earliest and in that time frame new innovations can come up. Maybe even a passive cooling system, that will allow Switch to overclock to some extent portable.

That being said, I guess we're going to see new editions and colors first.