Book excerpt: This comprehensive volume covers the latest research on high magnetic fields in semiconductor physics presented at the 16th International Conference (SemiMag 16), held in Tallahassee, Florida, August 2-8, 2004.The book features papers from more than 130 participants including the work of the foremost experts in the fields.Much of the most cutting-edge research is covered by the contributions as well as a special focused session on the recently discovered microwave-induced zero resistance effect.