Although its existence has long been rumored and expected, Apple still managed to surprise the consumer electronics market when it finally announced the AirPods Max over-the-ear headphones. That shock was more about the price rather than the features, and at that price point, you’d expect it to almost have everything and the kitchen sink. On paper, the headphones do meet those expectations but it seems that Apple still managed to skimp on a U1 Ultra-wide Band chip despite having a feature that suggested its existence.
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https://www.slashgear.com/apple-airpods-max-might-be-missing-a-u1-uwb-chip-despite-the-price-08650331/
