LG monitor repair- does SP1 Flash need programming to work ?

[WIRREN]

Hi, my daughter has a LG pc monitor that basically after switching off refuses to switch on. I have, using tinternet determined that others have had this issue and it could be that an 8 pin chip replacement could be the solution.
As the chip is only £5 on eBay I thought I would give it a try.
The chip is described as *SPI FLASH SOP-8PIN BIOS IC*
Does this chip need any form of programming or should it just work ?

The item number on eBay is. 122959066874

I have dismantled the monitor successfully and I understand that great care is needed with soldering / desoldering.
Any help much appreciated

Mark.