A transistor consists of a semiconductor with two pn junctions, forming either a PNP or NPN configuration. It transfers a signal from a low to high resistance, giving it the name "transistor". A transistor has three sections - the emitter supplies charge carriers, the collector collects the charges, and the base forms junctions between the emitter and collector. In an NPN transistor, a forward bias on the emitter-base junction causes electrons to flow from the emitter towards the base, with over 95% crossing into the collector to become the collector current.