The document discusses timers in the 8051 microcontroller. It notes that the 8051 has two 16-bit timers that can be individually configured and controlled. The timers can operate in four different modes: 13-bit timer mode, 16-bit timer mode, 8-bit auto-reload mode, and split timer mode. Special function registers like TMOD, TCON, TH0/TL0 and TH1/TL1 are used to configure and control the timers. The timers can generate interrupts on overflow and be used for tasks like timing functions and baud rate generation.