FPse v0.11.114 for Android is released. FPse for Android is the fastest and most compatible PSone emulator for handheld devices. FPse support OpenGL via external Plugin.

FPse features the following:
-High performance
-High compatibility
-High sound quality
-Real-time save states
-Audio track emulation (using .cue files)
-Force-feedback
-Dynamically loadable Overlay Pads
-Guncon emulation
-Analog Stick emulation
-Compatible with G-Sensor, Touchscreen and Hardware keys
-Supports .img, .iso, .bin, .cue, .nrg , .mdf and .Z disc image formats
-Full Support for IcontrolPAD, BGP100,Zeemote
-OpenGL support via external plugin (see Update just below)

FPse v0.11.114 for Android Changelog:
- Added new plugins package with low latency audio support! Works perfectly with low end device now
Download this file and unzip into your internal storage, reset setting from FPse MISC menu then restart fpse.
http://www.fpsece.net/fpsepluginslowlatency.zip
- Fixed External Storage detection since android 4.3
- Fixed sticked Digital Pad bug on SHIELD,OUYA and Analog external pads
Any problem with this update? just go to your system preferences and Clear datas from FPse App.

Download: FPse v0.11.114 for Android
Source: Here