Sony has announced that at some point in 2019 they will be stopping the production of the PlayStation Vita, and have no plans to produce a successor.
Kotaku have recently reported that Sony will be ending the manufacture of game cartridges for the PlayStation Vita. This change will not affect distribution which will continue for some time after the production stops, but still marks the closing of physical game production for this handheld console.
Gaming Chief of Sony Corp, Andrew House, said that he sees limited potential for the future of handheld gaming.
Sony plans to end developing their own games for their handheld console the PS Vita in order to concentrate their resources on PS4 development.
Industry analysts suggest that the PS Vita and 3DS handheld consoles only have three years left in America and Europe before the market heads on to the next generation of handheld gaming.