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Check ur power source?Yes,tries tv unplug,replug back like an hour later,by letting tv resetting itself back to factory setting,see if u get power back?Same problems,than ur tv power supply board is the cause and the problems.That the board,where the power a/c cord plug into it.Tries websites like Shopjimmy.com,Ebay.com to buy a refurbish power suuply board for the replacement.
Check on power supply for bad caps first either bulging or leaked and replace with same type. I order mine from newark electronics go with the vishays if the caps need to be replaced. That model is known for main board issues as well. Grab a usb cord plug it into computer and into the tv it has worked for some people.
Mine had the same problem. You simply remove the dozen or so screws on the back and pop the back off. If you follow where the power cord goes into the tv and trace the wires you will see a small fuse. I believe it was a 5amp and cost less than a buck. I'm not sure why mine blew but I have had no issues since.
I would call or email and complain! You should get free parts. I would say last resort would be to go to ebay or somewhere cheap if you can't get them which by all rights you should get them at no charge.
Finally recieved an email from syntax olevia customer support after 1 month. a standard desktop computer power cord is all you need for your Olevia LT26HVE flat screen. We lost ours in a move and FINALLY have it up and running again...for only 9 bucks at RadioShack!
Olevia LCD 542I - Had the same issue for a week until the tv would not turn on anymore, after several attempts it came back on. A few days later the tv turned off then only the standby light was on, then lost the standby light as well. After researching the problem it could be in two areas, either the power supply or main board. Removed the back and found the power supply had several capacitors that were bulging on the top and appeared the fluid was leaking, all signs of a failed part, removed the PS and replaced four capacitorst that had shown some issues. If you can removed the PS and check for a number on the board, mine was FSP271-4F02, and find someone who has some electronic circuit capablilty, the issue may be resolved at a fraction on the cost of a new power supply.
My Olevia LCD TV did the same thing. I turned off the back power switch and pulled the power cord as well. Left off for a couple of minutes and then re-connected cord and turned on main switch. I then turned on the front power switch and it come on just fine. These new sets have computer-like guts so you have to re-boot them sometimes. I hope this works for you.