San Francisco, January 07. Tech giant Apple is working on an AirPods Lite version to compete with cheaper wireless earbuds. According to a Nine to Five Mac report, demand for AirPods is expected to drop by 2023. In view of this, Apple is preparing to release new Airpods. This allows Apple to try to increase sales by launching AirPods Lite at a lower price. The report said that it is not clear how long this product will be ready to be marketed. In many reports it is described as a cheap earplug. Last year, Apple released the second generation of its AirPods Pro, which offered a number of updates, including the next-generation HOOne processor.