Seems so.
What the fuck is going on at Sony's Handheld meetings? It's as if they went "Welp...let's pack up boys, Nintendo has won".
If I were the boss of the handheld department, I would be asking Sony's first parties to get their finger out of their arse when they finished a PS3/4 game and make something for the Vita.
It's NOT an inferior console in any way, it's something that people who like more extreme experiences on the go to enjoy when they don't want to play on the PS4/PS3.
They should be looking at how Nintendo does it, and learn thoroughly. Make decisions based on their ideas, and create something new and unique that makes the Vita a competitor for the 3DS.
So far, it's relegated to an Otaku demographic.
It can be so much more then that...hell...try and get some third parties excited for the thing ffs.