It's unfortunate that such an error can occur on the PS3.
That being said, it can be fixed.
Below are some tips to help you get rid of this problem.
How To Fix PS3 Yellow Light Of Death Tips 1) The PS3 could be overheating.
Turn it off for about 20 to 30 minutes.
Once done, turn your console back on.
2) Check the cables.
Make sure there are no loose cables and that everything is plugged in correctly.
3) Remove the hard drive from your PlayStation 3 and then put it back in.
For better results, you may want to repeat this process about 2-3 times.
If after you did any or all of the tips listed above and your PS3 still isn't working, you may want to consider the additional options listed below to help get your PS3 fixed.
Have Sony Take A Look At Your PlayStation 3 So with this option, you can send your console to Sony, and they will repair it for you.
The downside to this approach is that you could be waiting for several weeks before you get to see your console again.
Also, if your warranty has expired, it's going to cost $150 to have Sony fix it for you.
Do It Yourself If you just aren't up to handing your console over to Sony, then another option can be to repair it yourself.
To do this, you can use a PS3 repair guide.
One that takes out all the guess work by showing you how to get rid of the yellow light error through detailed, step by step instructions.
Whichever way you decide to get your PS3 fixed, just make sure to take action.
Of course, the sooner your console is running the way it's supposed to be, the sooner you can get back to your PS3.