While Sega has been licensing these awful things for ages, I don't think Sega can make a first party mini console themselves this late in the game. If they were still in the console business, then yeah, I could have seen it happening. But since going third party they don't really have a hardware division anymore.
Best they could offer is helping with emulation of these third party products.
Best they could offer is helping with emulation of these third party products.