Featuring Wi-Fi® connectivity1, a 5" multi-touch screen, rear touchpad, front and rear cameras, motion sensors and more, the PlayStation®Vita will transform the way you connect, game and share.
This item will be available on 02/22/2012

Blur the lines between entertainment and reality with the newest addition to the PlayStation lineup of portable gaming systems. The PlayStation Vita system crushes the status quo with breakthrough features like front and rear cameras, motion sensors and augmented reality to transform the way you connect, game and share. A stunning 5" OLED capacitive touch screen, rear multi-touch pad and dual analog sticks make for real hands-on gaming with the biggest and best titles, while front and rear cameras transport the physical world into your digital world. Enjoy continuous, uninterrupted gameplay between your PS3™ and PSVita systems with compatible titles, and even store it in the cloud for anytime access. With built-in Wi-Fi (additional fees apply)1, you can stay connected, chat with friends (or foes) and challenge gamers across the globe in multi-player gameplay.

Technical details:

• CPU
  
  • ARM® Cortex™ - A9 core (4 core)
• Screen (Touch Screen)
  
  • 5 inches (16:9), 960 x 544, Approx. 16 million colors, OLED
  • Multi touch screen (capacitive type)
• Keys / Switches
  
  • PS button
  • Power button
  • Directional buttons (Up/Down/Right/Left)
  • Action buttons (Triangle, Circle, Cross, Square)
  • Shoulder buttons (Right/Left)
  • Right stick, Left stick
  • START button, SELECT button
  • Volume buttons (+/-)
• Wireless Communications
  
  • IEEE 802.11b/g/n (n = 1x1)(Wi-Fi)(Infrastructure mode/Ad-hoc mode)
  • Bluetooth® 2.1+EDR (A2DP/AVRCP/HSP)

• Rear Touch Pad
  
  • Multi touch pad (capacitive type)
• Sound
  
  • Built-in stereo speakers
  • Built-in microphone
• Location
  
  • Built-in GPS
  • Wi-Fi location service support
• External Dimensions
  
  • Approx. 182.0 x 18.6 x 83.5mm (width x height x depth)
• Cameras
  
  • Front camera, Rear camera
• GPU
  
  • SGX543MP4+
• Sensors
  
  • Six-axis motion sensing system (three-axis gyroscope, three-axis accelerometer), Three-axis electronic compass

Source:
http://store.sony.com