The tech brand Nothing, known for its distinct transparent designs, has confirmed that its budget-friendly smartphone line, CMF by Nothing, will not see new models. The primary reason cited is the soaring cost of memory components, specifically DRAM and NAND Flash, which have dramatically increased in price over the past year due to high demand from the AI sector.
Launched in 2020, Nothing quickly gained traction with its unique aesthetic and functional consumer electronics. Following the success of their initial wireless earbuds and the Nothing Phone (1), the company established the ‘CMF by Nothing’ sub-brand in 2023 to offer more accessible devices. However, the escalating expense of memory has made it impossible to maintain the CMF line’s affordable pricing strategy.
According to Akis Evangelidis, a co-founder of Nothing and the creator of the CMF Phone, the cost of memory has become so high that producing a successor to the current CMF phones would result in a price increase of approximately 50%. This makes it unfeasible to launch new devices under the CMF brand without significantly compromising their affordability.
Despite these challenges, the CMF Phone models have proven popular. The CMF Phone 1, for instance, reportedly sold over 100,000 units within three hours of its release. The CMF Phone 2 Pro, launched in April 2025 with a starting price of $249 for its 8GB RAM and 128GB storage configuration, offered strong value with a Dimensity 7300 Pro processor, a 6.77-inch Full HD+ display, a 50MP telephoto camera, and a 5,000 mAh battery. It is speculated that any potential future model would likely feature increased RAM, such as 12GB, further contributing to the anticipated cost hike.
English Translation:
Nothing’s first product was a pair of wireless earbuds with a transparent design, released in 2021. Seeing interest in this and future products, they secured $50 million in funding. In 2022, their first mobile phone, the Nothing Phone (1), was launched, combining that unique design and aesthetic with high-end hardware. Following this, they continued to release new models, and in 2023, they created the ‘CMF by Nothing‘ sub-brand with a more affordable price. We’ve already seen a couple of smartphone models from this line, but it’s now confirmed that there are no plans for a CMF Phone 3, with the blame falling on the high costs of memory.
Nothing is a very recent brand (at least in the tech world), considering it was founded in 2020 and quickly launched several consumer electronics devices. One of its co-founders was from OnePlus, and therefore, they had prior experience and were able to create mobile phones, earbuds, and other devices that offered good performance and a unique design with a minimalist and futuristic look.
Nothing Warns of No CMF Phone 3 Due to High Memory Prices: Mobile Would Cost 50% More
As you likely know, due to the massive demand for AI, the costs of DRAM (RAM) and NAND Flash (SSD) memory have skyrocketed, costing three to four times more than they did a year ago. This first affected the PC sector and all those looking to buy RAM or SSD modules for their desktop or laptop computers, but it went much further. It has already caused price increases in consoles, tablets, and mobile phones. Furthermore, we now know that CMF by Nothing has been one of the victims, as there will be no more affordable phones from this brand.
This is not merely a rumor; the co-founder of Nothing and creator of the CMF Phones, Akis Evangelidis himself, has warned that even if they wanted to make a successor, they cannot achieve it if memory remains so expensive. Memory is now considered the most expensive component of the CMF Phones to the point where creating a new mobile would incur a cost 50% higher than the current ones.
The CMF Phone 2 Pro Arrived in 2025 and is Sold Out in Stores
CMF Phone models were quite popular, with the first model, the CMF Phone 1, managing to sell over 100,000 units in just three hours. While not on par with the sales of Apple or other brands like Samsung, it’s clear that this business model works. The CMF Phone 2 Pro arrived in April 2025 with a launch price of $249 for the configuration with 8 GB of RAM and 128 GB of storage.
For this price, it was quite good, as it used a Dimensity 7300 Pro, a 6.77-inch Full HD+ screen, a 50 MP camera with 2x telephoto, and a 5,000 mAh battery. We don’t know the specifications its next mobile would have, although we assume it would upgrade to 12 GB of RAM, hence the price increase.
