I’m glad I found this page. I’ve noticed this happening with my new iPhone 12 Pro Max 256 silver. BUT it only happens during hard reset and the reset doesn’t complete. I press up volume, down volume, then hold the power button. I get a bright flash for a fraction of a second, then nothing. It never finishes. I have to let go & press again. I may get another bright flash & it still doesn’t start up. After a few tries it will start up again. Have been debating sending it back. After reading comments here, I’ve decided to do so. It is serial #G0ND (g,zero,n,d)..