technology
Nothing Cancels 2026 CMF Phone but Plans Other New Products
Nothing co-founder Akis Evangelidis said the company will not release a new CMF phone this year because memory prices prevent a meaningful upgrade at an acceptable price. The decision follows similar cost pressures reported by CEO Carl Pei and Apple CEO Tim Cook.
The VergeAudio version
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Nothing will not launch a new CMF phone in 2026. Co-founder Akis Evangelidis announced the decision on X, stating that the company had been developing a successor to the CMF Phone 2 Pro but concluded it could not deliver a genuine step forward at a price that makes sense. Evangelidis said memory prices are the direct cause.
“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,” he wrote. ” The Verge reported the post on June 19, 2026. ” CEO and co-founder Carl Pei described the same cost trend in earlier remarks.
He said memory costs for the Phone 4A doubled between the decision to build the device and its launch, then doubled again afterward. ” The Verge linked the CMF decision to broader industry pressure. Earlier this week, Apple CEO Tim Cook announced that the company will raise prices because of RAM expenses, describing the situation as unsustainable.
Nothing’s move leaves the CMF lineup without a new handset for the remainder of 2026 while the parent company continues other smartphone development.
