The document discusses IGBT (Insulated Gate Bipolar Transistor), a three-terminal semiconductor switching device used for fast switching with high efficiency. It has three terminals - collector, emitter, and gate. The gate terminal is insulated from the semiconductor layers. IGBT is constructed of four layered semiconductors sandwiched together. IGBT characteristics include initially blocking current flow until the gate voltage exceeds the threshold voltage, after which collector current increases with gate voltage. The output characteristics also have three stages - cutoff, small leakage current, and active regions depending on the gate voltage. IGBT is mainly used in power applications due to advantages over BJTs and MOSFETs like lower on-res