Asia Tech Wire (Aug 23) -- Hon Hai Chairman Young Liu denied in an interview on Friday that the yield rate of iPhone made in India is as low as 50%.

In response to online rumors of "low iPhone manufacturing yield in India," Liu said that many of the claims outside are not true.

He said, "There is no difference between [iPhones] made in India and those made in mainland China. If the yield is only 50%, I would have withdrawn long ago. [Even if] I don't pull out, the customer will tell me to pull out."

On media reports that Foxconn has returned to Henan, Liu said that a product line goes through high and low cycles, with fewer people in low cycles, but Hon Hai had more than 400,000 people in Henan at most.

"We have never left Henan, which is the home of our largest factory in mainland China," he said, adding that some people have tried to smear Foxconn in the past, but what they said was not true.