Sony has finally confirmed the existence of an upgraded PS4 console – the rumored PS4K, currently dubbed ‘PS4 Neo’.

　　Speaking to the Financial Times, Sony President and CEO, Andrew House, confirmed that a “high-end PS4” is indeed in development. House stated that the upgraded PS4 will be more expensive than the original PS4 console, and that it “is intended to sit alongside and complement the standard PS4”.

　　Andrew House, president and global chief executive of Sony Interactive Entertainment, told the Financial Times that the “high-end PS4” would be more expensive than the current $350 version.

　　“It is intended to sit alongside and complement the standard PS4,” he said. “We will be selling both [versions] through the life cycle.”

　　The new console, which is codenamed “Neo”, will target hardcore gamers, he said, as well as consumers with a 4K television set looking for more high-resolution content.

　　Although many have been hoping that the console would be making its appearance during next week’s E3, House stated that this won’t be the case.

　　However, in a move that may disappoint some fans, Mr House said that Sony would not be unveiling its new console next week and refused to say when or at what price the unit would go on sale. “We want to ensure we have a full range of the best experiences on the new system that we can showcase in their entirety,” he said.

　　Since rumors of the PS4 Neo surfaced, many developers allegedly aren’t too happy with two different PS4 consoles. House downplayed these concerns however:

　　“All games will support the standard PS4 and we anticipate all or a very large majority of games will also support the high-end PS4,” House told the Financial Times.

　　With Nintendo already having confirmed that their Nintendo NX won’t be displayed during this year’s E3 either, we wonder whether Microsoft will be showing of their rumored Xbox Scorpio during the event.

　　Via: Neogaf