It looks like Sony might be the third company to enter into 2012's now epic looking console battle, with rumours pointing to a PlayStation 4 release next year alongside the Wii U and new Xbox. 

According to a report by digitimes, the new console will feature integrated motion controls along the same lines of the Xbox 360 Kinect. Rumours suggest Foxconn and Pegatron will be building the console.

Whilst details surrounding the new console are incredibly thin, it does look like Sony plans on entering the console market in a big way with the PS4. Initial shipments are said to total no less than 20 million, a massive number given only 51 million PS3s have been shifted since launch. 

Speculation had pointed to a much later release for the new Sony console, with it hitting stores shelves in 2013 at the earliest. It looks like the fierce competition from the Wii U and yet to materialise new Xbox has forced Sony to accelerate its development in order to get things ready. 

Expect motion controls to be talk of the console town in 2012, with the Wii U trying to take on the hardcore gamer whilst appeasing the newly founded family gaming market. 

PS4? Xbox 720? Wii U? Which would you pick?