New Sega Handheld rumors not true.
Well sorry to say that’s just the way the ball bounces. As you know Sega was recently taken over by Pachinko dealers Sammy. This lead to many people thinking that
1) Sega would use the less-then-stellar atomiswave hardware to launch a new handheld console
2) Sammy and SNK NEO GEO would team up to release Sammy’s Dreamcast/Naomi-based arcade platform as a replacement for the Neo Geo.
Alas none of this is true. You can read more here
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