We’re little more than two years into the current generation of game consoles, but Sony and Microsoft already are readying faster, better machines for the market.

But neither company appears ready to call this a new generation of consoles. Instead, the new machines are being portrayed as simply upgraded versions of the older devices.

Andrew House, CEO of the division of Sony that oversees the PlayStation products, confirmed in an interview that the company has a new console in the works. Code-named “Neo,” the updated machine will have a much faster processor and support 4K video resolution.

The Neo “is intended to sit alongside and complement the standard PS4,” House told the Financial Times. “We will be selling both (versions) through the life cycle.”

There’s no word from Sony yet what it will charge for the Neo or when it will release the console. Sony expects that all or “a very large majority” of PlayStation 4 games will work on both consoles, House said.

Archrival Microsoft also reportedly has a new machine in the works, this one an upgrade of its Xbox One console that has the code name “Scorpio.” Like Sony’s Neo, Scorpio reportedly will support 4K resolution and include a faster processor. Scorpio is due out next year and will be technically powerful enough to support Facebook’s Oculus Rift virtual reality headset, Kotaku reported.

Both the PlayStation 4 and the Xbox One hit store shelves in 2013. Sony’s machine debuted seven years and Microsoft’s device eight years after their predecessors, the PlayStation 3 and Xbox 360, respectively. The gap between console generations was one of the longest ever.

Game company executives have indicated that they would like to move to a more evolutionary model of hardware improvements, one in which console makers upgrade their machines more frequently but without as much disruption. Typically, when consoles move from one generation to the next, they offer limited support at best for games designed for older machines.

File photo: A shopper walks on the logo of Sony’s PlayStation 4 at an electronics store in Tokyo in December 2014. (AP Photo/Shizuo Kambayashi)

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