technology

Nothing cancels this year’s CMF phone due to RAM prices

The Verge·June 19, 2026

Nothing has cancelled plans to release a new budget phone this year due to high RAM prices. Co-founder Akis Evangelidis announced the decision, stating that the company cannot build a phone that feels like a genuine step forward at a reasonable price. The RAM shortage has also impacted the cost of Nothing's mid-range phone, with CEO Carl Pei noting that memory costs for the Phone 4A have doubled. As a result, the company has decided not to launch a new CMF phone in 2024.

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