According to Chinese analyst Ming-Chi Kuo of Tianfeng International, the 22nm MediaTek SoC is installed in Beats Studio Buds. According to the source, Apple has decided to use a chip from a Taiwanese manufacturer instead of the proprietary 16nm H1 platform so that the headphones work better with Android devices. In addition, such a SoC is cheaper to manufacture and distinguishes the new product from more expensive AirPods models.
Recall that Beats Studio Buds have a vacuum design, voice assistant call function, active noise cancellation (ANC) system, proximity sensors, IPX4 protection, and the ability to quickly pair with Android and iOS devices. In the US, the headphones cost $149.