This is known as the yellow light of death (ironic i know because it blinks red). This is caused by the unit overheating causing the solder on the board to melt and bridge(connect). Once this happens it shorts out the board causing the error you have now. Contact Sony and see if the unit is still under warranty with this site: https://service1.us.playstation.com/rma.htm?_flowExecutionKey=_c3CBE1F3B-DFC4-D270-775C-79EE8015DF90_kB673BBB5-DD6D-8FBD-1883-E46D1D4F1ECE
If the unit is not under warranty go to www.wiredextreme.com. We are a console repair company based in Dallas, Texas. We can get your console up and running again. All our repairs come with a 90 day warranty that covers the whole console not just what we repair. We also offer extended warranties for up to 4 years. If you have any other questions/concerns feel free to email [email protected] or call 214-222-5788.
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