Electronic industry is considered to be one of the booming industries in the corporate world. All this is due to various new products being invented each and every day. The good thing is that all this new products are warmly received by consumers all over the world. The other reason behind the success of this industry is the vast growth that has been made in the field of technology and also the increasing demand of the consumers. This industry generates a vast amount of revenue as compared to other industries. Various manufacturers have stepped in this industry so as to try their luck. As a result various devices or products are coming in the market, optoelectronic devices. Optoelectronic is also reckoned to be a part of photonics. It deals with the study as well as application of various electronic devices, which interacts with light. In optoelectronic light also includes various other radiations that are invisible like X-rays, gamma rays, infrared, ultraviolet etc. Optoelectronic devices may be electrical to optical transducers or even optical to electrical. Those instruments are also known as optoelectronic devices that use such devices in the operations they perform. Optoelectronic devices are based on the idea of the quantity of mechanical effects that light creates on semiconducting materials.