CMF, the budget brand owned by Nothing, will not launch a new smartphone this year. The decision stems from rising memory prices that prevent offering a meaningful upgrade at an affordable cost. Co-founder Akis Evangelidis shared the update on X.
Nothing co-founder Akis Evangelidis said the company had been working on a successor to the Phone Pro 2. However, current RAM prices make it impossible to deliver a device that feels like a genuine step forward while keeping costs suitable for the CMF brand.
Evangelidis wrote that the team preferred to be transparent after receiving many questions about the next CMF phone. The brand instead plans to release several new products and explore entirely new categories.
The Phone Pro 2 launched in April 2025 as the lightest and slimmest model from the brand, with claims of two-day battery life. CMF became an independent subsidiary headquartered in India later that year.