RAM Costs Force Nothing to Cancel Next CMF Budget Phone
Nothing has canceled its planned CMF Phone 3 Pro due to soaring RAM prices, citing an inability to create a "genuine step forward" at a sensible cost. While no new CMF phone will launch in 2026, other CMF products and Nothing-branded phones are still expected. This decision highlights industry-wide component cost challenges.
Key points
- Nothing co-founder Akis Evangelidis confirmed the cancellation of the next CMF Phone, citing rising memory prices.
- The company stated it cannot build a successor that offers a "genuine step forward" at a price point suitable for the CMF brand.
- Building an identical successor to the CMF Phone 2 Pro today could cost between Rs 30,000-35,000 due to memory costs.
- While the CMF phone line is on hold, other CMF products and new Nothing-branded phones are still planned for release.
- The situation reflects broader industry challenges with increasing component costs impacting smartphone affordability.
Tech company Nothing has announced the cancellation of its next budget-friendly smartphone under the CMF brand, citing a significant increase in RAM and memory component costs. The planned successor to the CMF Phone 2 Pro will not be released this year as originally anticipated.
In a public statement, Nothing co-founder Akis Evangelidis explained that current memory prices make it impossible to develop a device that represents a "genuine step forward" while remaining affordable for the CMF line. He indicated that launching a phone with similar specifications to the previous model, the CMF Phone 2 Pro, would now incur estimated costs of Rs 30,000–35,000, a substantial rise from its budget positioning.
Despite the cancellation of the new CMF phone, Nothing confirmed that other products under the CMF brand are still in development, including items from "entirely new categories." Furthermore, the company reassured customers that new smartphones bearing the Nothing brand name, presumably positioned at a higher price point, are also still planned for release.
Sources
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