The president of Sony is confirming that they are working on a successor to the PlayStation 4. Speculation has been increasing over the past few weeks on whether or not traditional gaming consoles have a future. “At this point, what I can say is it’s necessary to have a next-generation hardware,” said Kenichiro Yoshida, in an interview with the Financial Times. However, Yoshida is declining to name the future console PlayStation 5. There is a significant amount of debate on how Sony should address the rise of smartphone gaming. There have been rumors that Sony is planning a tablet that would be able to connect multiple devices with the increase of online streaming games. Sony is potentially looking to have a better connection between its games and movie divisions. Microsoft announced on Monday that it would begin public tests of their Project xCloud next year. This allows gamers to play across different platforms. “The test runs on devices (mobile phones, tablets) paired with an Xbox Wireless Controller through Bluetooth, and it is also playable using touch input,” said the corporate vice-president Kareem Choudhry. A couple weeks ago, Sony finally allowed cross-play for Fortnite, and that beta is now available. Where does Sony stand on esports? This isn’t the first time Sony has been slow to embrace new technology. The company is just beginning to embrace the esports industry, which now has a global audience of about 167 million watching online streams of the pros playing video games. Industry analysts believe that Sony will be able to rectify that through the PlayStation 4 successor, ensuring that the machine will be powerful enough to host esport events. Sony claims to be considering various options to increase its position in esports. Sony is seeing it as an effective way to get people to play games for a longer period of time. While the console platform may be fading as a popular choice, Sony appears to think that there is still enough demand to make at least one more Playstation generation.