Credit: C. Scott Brown / Android AuthorityTL;DRDue to skyrocketing RAM and memory costs, Nothing has canceled its planned successor to the CMF Phone 2 Pro, meaning no new CMF phone will launch this year.However, the company has confirmed that a Nothing Phone is in the pipeline and has already started teasing two new products.Leaks suggest existing CMF phone projects have moved to the main Nothing brand. This could mean that the teased “Blastoise” device, which could launch as the Nothing Phone 4, could be a rechristened version of the now-canceled CMF Phone 3 Pro.Soaring RAM and memory prices have wreaked havoc across the smartphone industry. Phones are getting expensive across the board, with Nothing co-founder Carl Pei noting that RAM now costs more than the SoC and display combined (these were historically the most expensive components). The ripple effect of this exorbitant price increase is that brands are now reassessing their launch plans, with the next CMF Phone being the latest casualty.Nothing co-founder Akis Evangelidis took to X to be transparent about the company’s launch plans on the next CMF Phone. The company was working on a successor to the CMF Phone 2 Pro, but with steep memory prices, the company can no longer build a phone that makes sense for the CMF brand. Consequently, there won’t be a new CMF Phone this year.