The document discusses the bipolar junction transistor (BJT). It describes how the BJT was invented in 1947 by scientists at Bell Labs. The BJT consists of three terminals - the emitter, base, and collector - and comes in two types, p-n-p and n-p-n. The document explains the basic operation and principles of both types of BJT, including how current flows when junctions are forward or reverse biased in different modes. It also provides examples of calculating currents given bias conditions and current gains. Finally, it summarizes the key current-voltage relationships and characteristics of BJTs in common base, common emitter, and common collector configurations.