Time: 2024-10-29
Qualcomm's CEO, Cristiano Amon, recently uncover the company's plan for the future of smartphones, state that within the following five old_age, AI-power smartphones will be the norm for everyone. This shift towards AI smartphones is expect to bring about new use case, similar to what happen during the smartphone revolution. harmonize to the International Data Corporation ( IDC ), GenAI smartphones, power by Generative AI, are project to see a significant addition in gross_sales, with a 363.6% year-over-year growth in 2024, reach 234.2 million unit_of_measurement. By 2028, IDC predict that 912 million GenAI smartphones will be transport, result in a compound annual growth rate of 78.4% from 2024 to 2028.
The incorporation of GenAI technology in smartphones is expect to exceed 60% market penetration within the first three old_age, harmonize to Nabila Popal, senior research director at IDC. Qualcomm's Snapdragon Ride platform is equip with a Qualcomm AI Engine, enable on-device machine learning and computer vision for optimum performance and efficiency. This platform also supply scalable and customizable system-on-bit ( SoC ) solution and vision merchandise, let automotive manufacturer and supplier to tailor solution to their particular requirement, such as parking aid and driver monitoring.
Qualcomm's CEO, Cristiano Amon, express assurance in the company's ability to introduce and adapt to change technological landscape. Amon foreground Qualcomm's journey from smartphones to car, personal_computer, and now the industrial sector, all achieve through organic growth. With the introduction of the Snapdragon 8 Elite and Snapdragon Ride platform, Qualcomm purpose to stay ahead of the curve in AI technology and autonomous drive system. Amon stress the company's competitive roadmap, signal a strong committedness to advance AI capability across assorted industries.