Its faulty for sure, it happens to the best of makers.

I have had knives chip out like that and I have had (it was a hatchet by a well respected maker) fold like butter.

One instance of damage that is pure accidental and perhaps an act of god so to speak is edge/bevel miss alignment. This is most likely caused by imperfections in the wood like a knot that has an extreme hardness or tougher section that causes some of the edge to follow the wood grain and become bent to the side slightly.

I have had this happen on a large Busse and a Randall 6"

The actual cutting edge is not damaged in this instance but the blade looks like it has a kink or bend on the lowest half inch. The only problem comes later when attempting to sharpen a blade with this slight edge kink.