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Samsung unveils lighter and slimmer tablet

Samsung is at it again, unveiling the new Galaxy Tab S at its "Tab into Color" mobile event in New York this week. The tablet, now available for pre-order, comes in two screen sizes, 8.4 inches or 10.5 inches, and costs $400 to $500.

Samsung is aiming to stand out in the tablet space with its high-resolution super AMOLED display (2560 x 1600 pixel screen) but will still have to compete with other tablets such as the Microsoft Surface Pro 3, Apple's iPad, iPad Mini and the rumored iPad Air 2 that is expected to be unveiled this fall, said Andrea Smith, technology editor at Living in Digital Times.

The Galaxy Tab S has customizable settings and privacy features to set your tablet to "kids mode" and includes a fingerprint sensor, according to the company.

The tablets are available only for Wi-Fi. AT&T, Verizon, T-Mobile and Sprint will begin selling LTE versions of the tablet this year.

—By CNBC's Erika Santoro