The group‐III sesquioxides possess material properties that render them interesting for applications such as high‐power rectifiers and transistors, solar‐blind UV detectors and inter‐sub‐band infrared detectors. Technology for growing large, single‐crystalline bulk material and for wafer fabrication exists, enabling homoepitaxial growth of thin films with high crystalline quality. The bandgap can be tuned in an energy range from about 4 to 8 eV for the ternary alloys and allows growth of heterostructures with large band offset. Here, past results and recent investigations on the growth, the material properties, contact fabrication and the alloying of group‐III sesquioxides are reviewed, and an overview on demonstrator devices is provided.