Nothing cancels this year’s CMF phone due to RAM prices

Nothing’s next affordable smartphone has become the latest casualty of the ongoing RAM crunch. According to 9to5Google, Nothing co-founder Akis Evangelidis said in a post on X that the company will not release a successor to the CMF Phone 2 Pro this year.

That update follows comments made last week by Nothing CEO and co-founder Carl Pei, who said rising memory prices have hit the company’s mid-range lineup hard. “For Phone 4A, memory costs doubled between when we decided to build the device and when it launched. They’ve doubled again since,” Pei said. He added that memory has now become the priciest part of a smartphone. Nothing is not alone in dealing with the spike in RAM costs — Apple is facing similar pressure, with Tim Cook saying earlier this week that price increases are coming because “the situation has become unsustainable.”

Even without a new CMF phone on the way this year, Evangelidis said the brand still has “several new products launching as well as some entirely new categories” in the pipeline. He also suggested that Nothing may not be finished with phone announcements just yet, writing that “the smartphone launch season at Nothing isn’t over yet.”

While there won’t be a new CMF phone this year, Evangelidis added in his post that CMF still has “several new products launching as well as some entirely new categories.” He also hinted that “the smartphone launch season at Nothing isn’t over yet.”

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