tech
Nothing cancels this year’s CMF phone due to RAM prices
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TL;DR
- Nothing will not launch a new CMF phone this year due to high memory prices.
- Co-founder Akis Evangelidis cited the inability to create a forward-progressing phone at a sensible price.
- RAM costs have doubled between device planning and launch for Nothing's mid-range phones.
- Memory is now the most expensive component in a smartphone, impacting companies like Apple as well.
- CMF still plans to launch other new products and potentially a new Nothing smartphone later.
- The company faces challenges with rising component costs due to RAM shortages.