Tech Insider: Xiaomi’s Smartphone Chief Resigns, ABB Raises Its Stake in Chinese EV-Charging Provider to 80%

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.
Electric carmaker Faraday admits to releasing misleading pre-order data
Faraday Future Intelligent Electric Inc., the embattled electric-vehicle startup founded by controversial Chinese tech tycoon Jia Yueting, on Tuesday admitted releasing inaccurate vehicle booking figures.
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