More information:
My ps3 is the white 40 gig model. If I remember correctly it was made in Korea. but bought from Lahore.
If there is anything else you need to know please ask.
Btw, my friend was asking if it might've been because of the hdd. And this is my reply to him:
"No. That is highly unlikely.
I have three 2.5" hdd(s) in total with me. One, the original ps3 hdd and two which my uncle gave me. I switched all three. The problem still persists. It's random. Ps3 works sometimes albeit very rarely, but most of the time it goes ylod and voila, red light blinking persists."
Thought this might help you.