Red stanbye light flashes 6 times and there is no picture .

The red light flashing is indicating the error.
depending on the make and model of the TV, the duration of the flash and number of flashes determines the error code.

Your inverter has gone, its probably a blown component on a circuit board. They can be repaired, but get a quote and check that against the cost of a new one.

no, there's a problem of your tv . check the vertical ic .ang a plyback one of them is defected.

6 times red light blink shows error in power supply (GT) board because of no 12 volts output for some reason.
Replace GT board to fix the problem.
Let me know if you need GT board part number info.
Thanks.

hey crs246, I have the same exact problem with my philips tv same model. Have you gotten any help that you can share with me. Any help would be appreciated.

The 6 inverter transformers on the bottom of the picture is the problem and what need to be tested.
Unplug the 6 wires that goes to the LCD screen. Use a multimeter to test for resistance from each output plug on the board. The one without the resistance is the bad one.
If this doesn't locate the bad one this way, Each plug should give out DC voltage if working properly. Test each plug for voltage.
The TV will automatically turn off in a couple of seconds like before. You'll have to keep pushing the power button to test each output plug for voltage.

Soon as you find the bad Inverter Transformer, just solder in a new one and the TV should work fine after that.
The part # for the Inverter Transformer is LTZ2PC0MS008.
Here's two places to get them:
http://www.partstore.com/Part/Funai%20Corporation%20Inc/Funai/LTZ2PC0MS008.aspx

http://www.encompassparts.com/products/?LTZ2PC0MS008

Replaced the sc board and tv works fine again.

When the lamp fails in this unit, often the thermal fuse opens. The error code is 6 blinks. To replace this part requires a great deal of deal of disassembly.

Can you count how many times it flashes ? It might flash like 6 times and pause for 2 sec and flash 6 times again. THen call a service comany and tell them this info and they might tell you what part inside is bad. They are not telling you this for you to replace but they might say something like oh 6 flashes is a Y board and we will have to order it.
Hope this helps