CMF, the sub-brand of Britain’s Nothing, will not launch a new smartphone in 2026. The company said it had been working on a successor to the Phone Pro 2, but decided it could not deliver a meaningful upgrade while staying within CMF’s budget-friendly price range.
Akis Evangelidis, a Nothing co-founder, wrote on X that rising memory prices made the plan unworkable. He said the company wanted to improve the device without hurting its value proposition, but higher RAM costs made that difficult. The broader industry has faced the same problem, as manufacturers redirected production capacity toward artificial intelligence infrastructure, tightening supply and pushing memory component prices higher.
The impact is already spreading beyond CMF. Apple and Samsung have both warned about possible future price increases in some products, and IDC has estimated that global PC shipments could fall by almost 10% this year because hardware components are more expensive.
The Phone Pro 2 launched in April last year as CMF’s then-flagship model. The company described it as its thinnest and lightest phone to date and said it could last up to two days on a charge. CMF later became an independent subsidiary based in India, which is now Nothing’s strongest market. Even without a new phone next year, Evangelidis said CMF will unveil several new products in the coming months and hinted at entry into entirely new categories.
