The company’s co-founder says this is due to rising memory prices.
CMF, the budget brand owned by Nothing, won’t be launching a follow-up to the Phone Pro 2 any time soon. “Many of you have been asking when the next CMF phone is coming and as always we’d like to be transparent,” Nothing co-founder Akis Evangelidis wrote in a post on X. He said that CMF was working on a successor to the Phone Pro 2, but due to current memory prices, the subsidiary could not make a phone that “felt like a real step up at a price that made sense for CMF.” That is why CMF has decided not to launch a new phone this year.
RAM prices have skyrocketed in the past year due to a supply shortage, caused by manufacturers redirecting their production to meet orders from massive AI buildouts. Both Apple and Samsung have already warned that rising RAM costs are driving up prices, while IDC has predicted that PC shipments could decline by about 10 percent this year due to higher prices.
Nothing CMF launched the Phone Pro 2 as its latest flagship device in April last year. It was the lightest and thinnest smartphone ever designed, and the brand then suggested that the phone could last up to two days on a single charge. A few months after the Phone Pro 2 was launched, Nothing spun off its CMF brand into an independent subsidiary headquartered in India, the company’s strongest market.
Even though it’s not going to release any new phones this year, Evangelidis says CMF will launch several new products, “as well as some entirely new categories.”
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