In 5 years the models will probably be so much better and more compact that phones will be running models equivalent at least to Opus 4.6 if not Fable, at least within the areas they are tuned for (which probably won't include coding).
The fact that Apple shipped a more than capable laptop for most of the population using a last generation iPhone chip is just mind blowing. Silicon advancements are going to allow this, and I think the global majority will catch up and make their own chips that compete or exceed western performance. Especially when the US is scared of science, rapidly divesting and defunding it.