Rumor: Nintendo is working on a new handheld codenamed MH

Nintendo is said to be working on a handheld called MH, a Japanese financial news site reported. There are no further details about the upcoming handheld. Nintendo has also not confirmed that it exists.

DIY Financial Research calls the MH as a next-gen handheld in development alongside the NX in an article that NintendoLife noticed. The NX is a system that Nintendo previously announced for release next year. It is obvious that it is a successor to current DS handhelds, but nothing is clear about that.

It would be obvious that Nintendo is developing a successor for its handhelds. The Japanese company is the only company that has been successful in recent years with a handheld console for games. Nintendo also faces competition from smartphones and tablets in the gaming market.

Nintendo has yet to comment on the rumor. The next logical possibility for an announcement is the E3 game fair, which will take place in the American city of Los Angeles in a few weeks.