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Sounds like main board fault. Contact any service technician. If you wish to get some details; check the site linked here. Pull up older posts. Surf the site with patience. http://electronicshelponline.blogspot.com/
Blinks of standby light indicates fault. From the number of blinks occur at one time switch on, you can get an idea about the faulty circuit side inside it. Count the blinks. If you wish to get more details about these blinking codes, check the site linked here. http://electronicshelponline.blogspot.com/ Pull up previous posts, either by type in
the Brand name to your set in its search box, or view it in Mosaic /
Timeslide / Flipcard option.
The best solution to this problem is to call Toshiba directly and ask for assistance. Any TV repair company/shop will probably charge you an automatic fee to assess the problem, and then tell you it's a very expensive fix. With just the model and serial number of your TV, an easy 5 minutes will get you the answer you are looking for.
hello the red blinking lights is a service code when this happens it means theres a power problem or a fualty circut. it happens alot with these new plasma and lcd tv's its very common since these units have built in protection and power loss a fualt or short will cuase this.
the tv needs service the tech will know what to look for according to the number of blinks.