Not when it's explicitly defined.
And did you just call a 70% efficient device (staggeringly low by engineering practices in even the 60s) a negligible amount of power? Do you have even the remotest inkling of just how many billions of these chips are produced annually? Assuming only 0.1% will go in phones with wireless charging and that they will only be used for that year, we are talking about an enormous quantity of energy that is wasted. It would be enough energy to push the earth into the sun.
You're being very dismissive about something you obviously have no real experience in, and there would be nothing wrong with not knowing something if you weren't making claims simultaneously. Efficiency is a well known, inarguably defined, rigorously studied, timelessly practiced, design concept that the CEO has an obvious working knowledge of. There is no "alternative truth" that is being ignored here, only ones that should be.