Nothing's Budget Brand CMF Won't Be Releasing A New Phone This Year
The company's co-founder says it's because of increasing memory prices.
CMF, the budget brand owned by Nothing, will not be launching a follow-up to the Phone Pro 2 anytime soon. "A lot of you have been asking when the next CMF phone is coming and as always we'd rather 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 because of current memory prices, the subsidiary can't build a phone that "feels like a genuine step forward at a price that makes sense for CMF." That's why CMF decided not to launch a new phone this year.
RAM prices have skyrocketed over the past year due to supply shortages, caused by manufacturers redirecting their production to fulfill orders from massive AI buildouts. Both Apple and Samsunghave already warned that price hikes...
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