FPse v0.11.125 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 v0.11.125 for Android Changelog:
- Quick Fix for 0.11.124 Problems
FPse 0.11.124:
- Added support of 2 external storages.
- Added Scaling option for HD Software plugin from MISC menu 4x or 2x.
- Fixed Fast Drawing Mode crash.
- Fixed Forcefeedback crash.
- Enhanced Check for Second external PAD.
- Enhanced Highly Sound emulation and Latency.
- Enhanced highly emulation for HD Software plugin, better and much faster.
- Other minor fixes.
Contact Author for any problem!

Download: FPse v0.11.125 for Android
Source: Here