This document discusses the basics of PN junction diodes. It covers: 1. The structure of a PN junction, where a P-type semiconductor is joined to an N-type semiconductor, creating a depletion layer. 2. In a forward bias, the depletion layer disappears and current can flow. In a reverse bias, the depletion layer widens and current cannot flow. 3. Diodes only allow current to flow in one direction, from the P to the N material. Their characteristic voltage drop is around 0.7V for silicon diodes.