Sony only just announced an overall restructuring of the PlayStation business under Sony Interactive Entertainment, and now it's launching a new business to focus on mobile gaming. There aren't a lot of specifics, but the new company is called ForwardWorks, and it's promising "full-fledged gaming titles" for things like phones, tablets and other connected devices.
ForwardWorks will leverage the intellectual property of the numerous PlayStation® dedicated software titles and its gaming characters as well as the knowledge and know-how of gaming development expertise which was acquired over the years with PlayStation® business to provide gaming application optimized for smart devices including smartphones* to users in Japan and Asia.
Source: PlayStation Japan
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