Sega making a new console?, Can it happen?

[Thunder]

Oh yeah.

[Nightwing]

In short: No.

At length: Sega shut down their hardware division and liquidized 66% of what you know as "Sega". Basically, anything that you recognize as Sega should be referred to as the Sega remnant. The hardware people over at Sega no longer have their jobs, Sega is not in the business to develop game consoles, and as such they play with far smaller dice now. They're not making as much money as they used to lose back in the day. It's simply not an option, not on the sort of scale you're asking (and as such it isn't profitable enough to happen at all).

If Sega dared to enter the console industry again, even sub-Sammymerger, they wouldn't be playing with a full deck. Their attempt would be laughed at by the now gigantic 3rd party developers like Activision and Electronic Arts who are more than comparable (and in the latter case, larger) than the size of Sega pre-merger.

For better or for worse, you will never see a Sega console until Sega Sammy is acquired by an even larger corporation that wants to use the Sega namesake to develop a new console. Sega's hardware guys no longer "exist", it can't happen, it won't happen. Sorry. Just be glad Sega wants to make money this way still, Nintendo outright has said that if they somehow ever lost enough money (they never ever do) that they couldn't make consoles anymore, they're stop making games altogether.