Nothing Cancels CMF Phone 3 Pro as Soaring RAM Prices Trigger a Budget Smartphone Crisis (opens in new tab)

The budget smartphone market has suffered a major setback after Nothing confirmed that it will not launch the highly anticipated CMF Phone 3 Pro in 2026, blaming an unprecedented surge in memory costs that has made it impossible to deliver a meaningful upgrade without significantly raising prices. The decision marks one of the clearest signs yet that the global memory market is entering a new phase of disruption. For years, smartphone manufacturers relied on falling component prices to delive...