The new PS Vita TV measures just 6cm x 10cm and is equipped with a PS Vita card slot and and its has also been designed to be used with the new next generation PlayStation 4 allowing you to stream games to another TV via Remote Play.
The PS Vita TV device allows users to play PS Vita and supports downloadable PSP games and PsOne titles in the Game Archives section using a DualShock 3 as a controller.
The new Sony PS Vita TV will be launching in Japan on November 14th 2013 and will be priced at 9,954 yen or $100. For those interested there will also be a Sony PS Vita TV bundle complete with a DualShock 3 controller for 14,994yen or $150.
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Source: Kotaku