Sony has finally confirmed that a “more powerful” version of the PS4, which has been referred to recently as the PS4.5 or the PS4K or PS4 Neo, is in the works.
Source:
https://next.ft.com/content/aca45ff2-2ea0-11e6-bf8d-26294ad519fc?siteedition=intl&_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2Faca45ff2-2ea0-11e6-bf8d-26294ad519fc.html%3Fsiteedition%3Dintl&_i_referer=http%3A%2F%2Fwww.gamespot.com%2Fd529d3f9ddfbbe99d35f6944cbd9fabc&classification=conditional_standard&iab=barrier-app
http://www.gamespot.com/articles/sony-confirms-more-powerful-ps4-in-development-but/1100-6440644/
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