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Sony might not follow up the PlayStation Vita with another handheld device. >Shuhei Yoshida, president of Sony Computer Entertainment Worldwide Studios, says that the "climate is not healthy" for portable devices like the Vita.

When Yoshida was asked about a possible Vita 2 at EGX 2015, he said that the rise of mobile gaming really hurt the chances of that happening.
That's a tough question. People have mobile phones and it's so easy to play games on smartphones. And many games on smartphones are free, or free to start.

I myself am a huge fan of PlayStation Vita and we worked really hard on designing every aspect. Touch-based games are fun - there are many games with really good design. But having sticks and buttons make things totally different.

So I hope, like many of you, that this culture of playing portable games continues but the climate is not healthy for now because of the huge dominance of mobile gaming.

It's not a promising quote. He's hopeful for the future of handheld gaming but he sure doesn't sound like someone who's interested in making another device.

Personally, I used to own both a PSP and DS. I never found the need to upgrade to either system's successor, though and that's because of smartphones. If I'm on the go, I'd rather just putz around on my phone. It's already in my pocket. A 3DS or Vita is another piece of expensive hardware to worry about while traveling.

I say this as a person who hates touchscreens, too. They're absolutely garbage for a lot of games. GTA 3 and BioShock weren't meant to be played with virtual buttons. I'd rather play games like that on a handheld...but even that's an imperfect option. I'd rather be at home on my couch or in front of my PC.

The Vita's in the no-man's-land right now. It's not as convenient or cheap as mobile gaming and it's not as comfortable or visually pleasing as console/PC gaming. There's always going to be a market for dedicated gaming handhelds but it's not going to be a huge one anymore. I can see why Sony, a company that's been losing money because they have a lot of underperforming product categories, would exit that sector and focus on home consoles instead.

Should Sony make PlayStation Vita 2?