OnePlus will wind down US/Europe operations and stop launching new phones there, while continuing in China and selling Realme devices abroad; linked to Oppo restructuring and broader market headwinds for smartphones.
Nothing launches a $5m crowdfunding round while eyeing an IPO within three years, building on prior $200m funding and over $1bn in sales.
Nothing won’t launch a CMF Phone 2 Pro this year because RAM prices have surged, with memory costs reportedly doubling, squeezing margins and pricing flexibility.
Nothing CEO Carl Pei warns RAM shortages are driving up phone costs, with RAM costs cited as having doubled and now over 50% of a phone’s cost, signaling higher prices ahead.
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