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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. http://electronicshelponline.blogspot.com/
3 blinks is a lamp cover error, did you make sure that the lamp cover is screwed in tight? Also check the lamp cover for deformity, there is a problem with your model where the set over heats and melts the lamp cover a little causing it not to make connection with the lamp cover switch. Let me know if you find either of these problems? If not we can troubleshoot a little further.
I have been repairing Plasma Tvs for some 3 years now and have found most of the problems caused are by Capacitors.Once again Soniq are no different to the others.The fault is on the main Video Control Pcb.Replace Capacitor C529 which is a 470mfd25v.This cap is mounted next to an inductor coil at the top middle of the pcb.This Pcb is the one which has the tuner and all inputs on it.
Good Luck AND PASS THE WORD AROUND. LET US KEEP THE SERVICE INDUSTRY GOING.