Japanese consumer electronics major, Sony has reduced the price of its Tablet S by $100, indicating a new trend of price falls in the industry.

The 16GB version of the tablet will cost $399.99 compared to about $500 earlier while the 32GB model will come for $499.99 compared to a hundred dollars higher. The company has is also offering some great free content for the customers.

The buyers purchasing at the reduced prices will get ten free PlayStation Classic games, a 180 day subscription to the Music Unlimited streaming service, five free movie rentals as well as an $8 voucher to buy more content.

Sony had launched the Android Honeycomb powered Tablet S, along with the Tablet P in September this year. The reduction in price in just three months of its launch shows that the company has not been able to attract a significant number of customers to the tablet.

The prices of other tables such as the BlackBerry PlayBook, Motorola Xoom and HP TouchPad have also been reduced in the market. Amazon had launched its tablet at a competitive lower price of $199.