Codenamed 'S1', it'll apparently be an Android 3.0-powered device with a 9.4 inch capacitive touch screen panel at 1,280 x 800 pixels.
The site says the device will be PlayStation certified - like the 'Xperia Play' Playstation Phone - meaning access to the PlayStation Suite and all its gaming offerings. It'll also be able to play PSone games and will come with one PSone title pre-installed. This comes in addition to compatibility to Sony's Qriosity and video on demand services, Sony Music and ebook offerings.
[Source:Engadget] [Image Source:Engadget]