If turned off for a few minutes. PS3 will go into standby when turned on. If power on button pressed from standby light goes from red to green but then all power goes off (no light).
This is similar to the red blinking lights on the xbox360...it seems your cell processor has overheated resulting in a cold solder joints or worse bridged solder involving the BGA array...I have had some success in fixing these albeit limited. SONY charges 150 plus state tax and sends you a refurbished unit. We fix this for 75
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