With the formation a new company by the name ForwardWorks, Sony is looking to fulfill new agendas they have taken up. During the press release of the company ForwardWorks, Sony stated that the main aim of the company would be to the leverage for all the intellectual properties of the various games currently running on only Sony Playstation along with the characters, working and the expertise of developing a game. The main goal of the company ForwardWorks is to create such a setting that gamers have the facility which will allow them to enjoy a completely packed game in a casual manner.

For a long time, Sony has been looking to come into the market for handheld mobile gaming experience. With launch of the Playstation Mobile Development Kit they had prepared for android users. They went a step further by launching the Sony gaming phone, Xperia Play Phone. Sony went further to create a high reputation in this form of gaming devices but failed to overshadow Nintendo, the leaders of the handheld gaming market.

Makers of gaming consoles, Microsoft, Sony and Nintendo had huge blow when Apple joined the market with its state of the art iPhones, iPads and all the iOS Apps in the Apple App Store. With the smart phone taking the place of handheld gaming consoles; many top rated makers have seen drops in their sales. The only one still at the top of the handheld console gaming food chain is still Nintendo, with its 3DS. A few weeks back, Sony