Overview
- Nothing co‑founder Akis Evangelidis confirmed on June 19 that the company will not release a CMF Phone 3 Pro or any new CMF phone in 2026 because memory costs make a genuine upgrade too expensive for the brand’s budget positioning.
- CEO Carl Pei has said RAM has become the single most expensive component in a smartphone and can account for roughly half of a device’s hardware bill, a change he and others link to widespread price pressure across the industry.
- CMF will still launch several non‑phone products this year and Nothing has begun teasing new devices, including a teased 'b' series in India that the company has not yet defined as a phone or another category.
- Tipsters and leaks report that existing CMF handset projects may have been moved into Nothing’s main phone line and could be rebranded as Phone (4) variants, but those transfers remain unconfirmed by the company.
- Analysts say the decision shows how rising memory prices are forcing makers to raise retail prices, delay low‑margin launches, and reallocate projects, which could mean fewer true budget phones and higher costs for consumers.