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Ripple effect: The RAMpocalypse has claimed another victim. Nothing has confirmed that its next budget phone, a follow-up to the CMF Phone 2 Pro, will not launch this year. The company confirmed the cancellation is because of skyrocketing memory prices that are disrupting the tech industry in a way not seen since Covid.
Nothing co-founder Akis Evangelidis, the executive behind the CMF line, said the firm had been working on a successor to the CMF Phone 2 Pro, but current memory costs made the device impossible to release without undermining the point of the brand.
"We were working on a successor but with memory prices where they are right now, we can't build a phone that feels like a genuine step forward at a price that makes sense for CMF. As a result, we've decided not to launch a new CMF phone this year," Evangelidis wrote in an X post.
