Rumors have emerged that an upgraded version of Sony's PlayStation 4 will be called the NEO, and market watchers expect the new console will help boost hardware sales.
Video games website Giant Bomb claimed multiple sources had confirmed the gaming console will be referred to as the NEO and will have improved computer and graphics processors. It is also expected to support 4K images.
Despite the original PlayStation 4 being released late in 2013, selling improved versions of gaming consoles in the middle of the product's lifecycle is not an unusual strategy for Sony or its rival, Microsoft, which sells the Xbox.
Sony had not responded to requests for comment by the time of publication.