The PlayStation 4 is only a little over two years old, but Sony is reportedly working on a new version of the console with more graphics power and support for 4K resolution in games, Kotaku reports.

Sources told Kotaku's Patrick Klepek that Sony has begun briefing developers about a new PlayStation 4 with a beefed-up graphics processor that's capable of pushing 4K resolution for games and better overall processing power.

The PlayStation 4 can currently support 4K videos, but it doesn't support 4K games.

One of the possible reasons for this move is virtual reality. As we previously reported, Sony will release its PlayStation 4-powered virtual reality headset in October for about $500. Not many regular PlayStation 4 games really need 4K resolution, but 4K is super important for making virtual reality feel fluid, realistic, and immersive. Considering Sony's investment in VR, we'd guess this is the main reason there's a souped-up PlayStation 4 in the works.

That said, there are still plenty of important details we don't know about yet. For instance, we don't know how much this new console will cost, or if Sony plans to offer an upgrade system for the 36 million people who currently own a PlayStation 4. We also don't know if there will be a difference in games that support 4K versus ones that don't, especially when it comes to price. Sony was not immediately available to comment.

If this report is indeed true, it might be just one of several new game consoles to debut later this year. Nintendo will reportedly debut a new game console called the NX this year, and Kotaku's report even mentioned the possibility of Microsoft releasing an upgraded Xbox One. Between these new consoles and all the virtual reality headsets coming out over the next several months, it should be an extremely busy year in gaming — and a great year for video game fans.

You can read Kotaku's full report here.