Sounds like the "blink of death"
google that
These blinks [flashes] are fault indication (Error Codes). From the number of blinks occur at one time switch ON, you can get an idea about the faulty circuit section inside it. This will make repair easy. These are called blinking codes. Make sure about the exact number of blinking of the standby/power LED, by switching On & OFF the set, for at least two times. Count it carefully. If you wish to get some details, check the site linked here. It has details about blinking codes, and fault locating procedure, to many popular brand TVs and other devices. Viewing it in "Mosaic" or "Magazine" will make surf easy.
http://electronicshelponline.blogspot.com/
Blinking codes details to many popular brand TVs are given. Surf the site with patience.
SOURCE: 4 blinking lights
I fixed it myself!
I bit the bullet and ordered a replacement Power Board for AUS$290 and swapped it out myself.
Only took ten minutes, most of that time was removing and replacing the 101 screws holding the back panel on!
Working fine again now.
I did sit the two boards side by side and noticed the new one had moved some of the micro components from the back of the board to the front plus some other small component changes.
If your handy with a screw driver and have some technical knowhow I recommend having a go at fixing it yourself as it wasn't hard and probably saved $200 in service charges (all this assuming you are out of warranty!)
SOURCE: Model TC-32LX700 Power indicator light on from is
Problem is caused by voltage irregularity. Pulled plug for an hour and then plugged it back in. TV reset and it works fine. If this does not work it needs a TV technician.
SOURCE: When i turn on the TV, there is no picture or sound
The power supply board it dead.Replaced the power supply board will solved this problems.Tries websites like Shopjimmy.com,Ebay.com to buy a refurbish power supply board for the replacement.
SOURCE: I turned on power and red light is blinking but tv
Tries unplug,replug the tv back like an hour later.The tv now,should resetting itself back to the factory setting.The tv should work now.Not,than the tv power supply board have problems,not giving the tv it wright voltages anymore.The tv power supply board that the board,where the power a/c cord plug into it.Tries websites like Shopjimmy.com,Ebay.com to buy a whole refurbish power supply board for the replacement.
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