Fonterra has bought its third dairy farm in China – for $US40 million.

Entrepreneurs Rod Drury (top) and Selwyn Pellett (below), were today named as this year’s recipients of the Tait Radio Communications’ Flying Kiwi Awards at a breakfast in Wellington.

State-owned Kordia, which is chasing the 100,000-strong radio telephone market, is defending its choice to partner with US giant Motorola. Christchurch’s Tait says its technology would have been a better choice for Kordia’s new digital radio network, which was not put out for tender.