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Farmer and Souter pour fresh cash into Elonics

Kwik-Fit founder Sir Tom Farmer and Stagecoach chief executive Brian Souter have continued to pump money into Elonics, the Scots semiconductor design firm focused on the development of a new microchip for digital TV.

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MARK SMITH, Deputy Business Editor

Kwik-Fit founder Sir Tom Farmer and Stagecoach chief executive Brian Souter have continued to pump money into Elonics, the Scots semiconductor design firm focused on the development of a new microchip for digital TV.