Sony Corporation launches the PlayStation Portable (PSP), a portable video game console (game console), to the Japanese market. It was released in the North American market on March 24, 2005 the following year.

This is Sony's first handheld game console. Original price $249.99. As of March 31, 2016, the PSP was manufactured by Sony Interactive Entertainment. PSP sales reached 80 million to 82 million units in one period.

The best-selling PSP game is Grand Theft Auto: Liberty City Warehouse ($76 million). The predecessor of the PSP was the Pocket Station, and its successor was the Play Station Vita.