British website Rice Digital
is reporting that, according to "a trusted source close to Atlus USA," HD remasters of Shenmue 1 and 2 will be released this year, with it being "safe to assume a PC/Steam release."
You can read more analysis of the report here
and forum discussion here
This Friday, March 3rd, the monthly #SaveShenmueHD Tweetathon
continues the campaign for Sega to make a formal commitment to releasing such remasters ahead of Shenmue III.