New Delhi, Jan. 30 -- London-based technology company Nothing has outlined its plans for 2026, signalling a shift from rapid expansion to a more measured phase of growth. In a newly released video, founder and chief executive Carl Pei detailed the firm's product roadmap, retail ambitions and organisational changes, while also addressing rising costs across the smartphone industry.

Pei said the company has moved beyond its early build-out stage and is now entering what he described as "phase two", focused on scaling products, refining operations and maturing as a brand without following conventional industry timelines.

One of the key announcements was the confirmation that Nothing will not release a new flagship smartphone this year. The...