According to the online source, the PlayStation Phone will boast a 4-inch 854 x 480 resolution screen, micro USB port and include a Qualcomm Andreno 201 GPU.
In addition, the user will be able to make quality photos using the 5 megapixel camera and expand its memory by taking advantage of the microSD slot.
The heart of the gadget will be a 1Ghz Snapdragon QSD8255 processor.
So far there has been no information on the games that the PlayStation Phone will be accompanied with and the device's price.
It is possible that the phone will be presented at the Game Developers Conference 2011, which will start February 28 and take place in San Francisco.