According to the report, the feature will work similarly to how the Xbox One X handles backwards compatibility. In other words, the PS5 won't just run these older games, but add to them with things like 4K support.
Now, of course, all of this information should be taken with a grain of salt given that it's unofficial information. In other words, until you hear this from Sony itself, there's nothing worth taking to the bookies. That said, HipHopGamer has proven to be a reliable source in the past. Further, while he doesn't divulge his sources in the report, he's confident enough in what he's heard to put his name behind the claim and confirm that it's actually happening.
PLAYSTATION 5: Remastering Engine For PS1 - PS4 Titles. Backwards Compatibility Enhanced https://t.co/myRtnbmZB1
— HOT97'S HipHopGamer LogitechG (@HipHopGamer) January 1, 2020
As you may know, Sony has filed patents in the past that have seemingly suggested the PS5 will support backwards compatibility with every previous PlayStation console. Further, it even patented a system to add trophies to PS1 and PS2 games. In other words, it's clearly been investing in backwards compatibility technology, but for now, it remains unclear how this will manifest with the PS5.
The PS5 is poised to release sometime holiday 2020.
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Related Forum: PlayStation Forum
Source: https://comicbook.com/gaming/2020/01/02/ps5-playstation-backwards-compatible-ps4-ps3-ps2-ps1/
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