SUMMARY
CMF has canceled the upcoming CMF Phone 3 Pro, a successor to the budget-friendly CMF Phone 2 Pro which offered a telephoto camera under $300. The decision stems from the global NAND flash memory shortage, exacerbated by AI companies purchasing large quantities of memory for data centers. This scarcity drives up component prices, making it unfeasible to produce the Phone 3 Pro at a price that aligns with CMF's value proposition. While other CMF products are still planned, a new budget CMF phone is unlikely in the near future.
TAKEAWAYS
CMF Phone 3 Pro development has been scrapped.
Global NAND flash memory shortage is the primary cause.
AI data centers are significantly contributing to the memory shortage.
Increased component costs prevent maintaining the phone's budget price.