Sony Corp. this week announced the Playstation 4, the latest hardware entry in the Playstation business.

The hardware will utilize a PC-like architecture with a x86-based AMD Jaguar 8-core CPU, a 1.84 TLFOPS AMD next-generation Radeon GPU, and GDDR5 8GB RAM. IN addition the hardware will feature a 6X Blu-ray disc drive, USB 3.0 interface, Ethernet, Bluetooth 2.1, HDMI, and digital output.

The DualShock 4 controller will include a new touch pad, share button, options button, built-in mono speaker, headphone jack, and light bar that will interact with a new PS4 Eye camera to track the controller. The PS4 Eye will feature 1280 x 800 60 frames-per-second functionality, with up to 320 x 192 resolution at 240 frames-per-second.

New technology will allow the PS4 to play partially downloaded titles while the remaining portion downloads in the background. In addition, users can share screenshots, live stream friend’s games, or have a friend remotely take over the controller to assist in a game.

Users can also stream PS4 titles to the PS Vita to continue play.

The PS4 will not be backwards compatible with previous PS3, PS2 or PSone titles, but Gaikai hinted at cloud technology that would enable users to play prior Playstation titles on the platform.

New titles announced for the PS4 include Killzone Shadow Fall, Driveclub, Infamous: Second Son, and The Witness.

Third-party titles include Capcom Co.’s Deep Down, Square Enix Holdings Co.’s Final Fantasy, Ubisoft Inc.’s Watch Dogs, and Activision Blizzard Inc.’s Diablo III and Destiny.

The PS4 will be sold holiday 2013. Pricing is to be determined.

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