Nintendo's Switch Lite is a cheaper, portable-only version of hit console

The Switch Lite is exclusively portable and comes in a variety of bright colors. It will be released September 20th. Courtesy: Nintendo / CNN
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(CNN) -- Nintendo is releasing a smaller version of the Switch.

It's called the Switch Lite and will cost $199.

The original Switch console is handheld and can also be plugged into a television.

It costs $299.

The Switch Lite is exclusively portable and comes in a variety of bright colors.

It will be released September 20th.