Jealous that Japan has first dibs on Sony's next generation portable?

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Codenamed NGP or Next Generation Portable, the device will feature a touch panel in the front and touch pads in the back, along with a 3G wireless connection.

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We hoped to drop by the outfit's CES booth to see if it's upcoming Vita Power Grip could do for Sony's next generation portable as it did for Nintendo's 3DS, but we were told that the grip wasn't quite ready for prime-time.

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With the launch of its Trinity APUs, AMD is all set to power the next generation of low-power ultra portable laptops.

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We intend to continue this legacy and bring to market the next generation of 'must have' portable, personal electronics that enhance the lives of consumers worldwide.

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The transition from one generation of consoles to the next is always painful, though this time around the launch of new portable game devices by Sony and Nintendo has helped to prop up software sales and mask the decline in sales of games for fixed consoles.

ECONOMIST: The video-games industry