Market research firm Canalys predicts that by 2024, approximately 5% of global smartphone shipments will feature on-device AI capabilities, equating to 60 million AI-enabled smartphones. Analysts believe that the vast user base and portability of smartphones present significant opportunities for AI applications. AI smartphones require SoCs with dedicated AI acceleration units to smoothly run various AI models. On-device AI can enhance the entertainment, communication, and information retrieval experiences on smartphones.