The PlayStation 4 will be revealed at E3 this summer and released during the fourth quarter of 2013, according to a report.
VGleaks, dubbed the WikiLeaks of the gaming industry, claims to have seen the ‘roadmap’ for Sony’s new console, which is said to have entered development in June 2011.
The PS4 is believed to be in the works under the code name of ‘Orbis’ and is rumoured to be powered by a quad-core AMD APU Solution processor with an AMD 8000 series GPU and between 2 and 4GB of GDDR5.
Other reports claim it will be capable of displaying games in 4K resolution, support Blu-ray and ship at an “affordable” price.
Microsoft has also been tipped to unveil new console hardware this year, with a follow-up to the Xbox 360 said to be in the works under the code name of either ‘Thebes’ or ‘Durango’.
Previous reports suggest that the next-generation Xbox will include two CPUs, one for gaming and another for multimedia applications, as well as Kinect 2.0, 3D technology and the long-rumoured Xbox TV.
Sony and Microsoft are yet to officially confirm any specific details of their future consoles.