III‐Nitride light‐emitting diodes (LEDs) are luminescent p–n junction devices composed of stacked groupIII‐nitride semiconductor epitaxial layers with modulated groupIIIelement composition and dopant concentration. As new processing techniques onIII‐nitrides are constantly emerging, the luminescence efficiency ofIII‐nitrideLEDs in the visible range has already surpassed traditional fluorescent lamps in the last decade. Their applications expand from signs, displays, and traffic lights to general solid‐state lighting. Fabrication ofIII‐nitrideLEDs has become an essential part of modern semiconductor industry. In this article, we start by introducing the fundamentals and physics ofIII‐nitrideLEDs, and then we review the key challenges and solution strategies for the realization of high‐brightnessIII‐nitrideLEDs in visible and ultraviolet (UV) spectral ranges, with a focus on the epitaxial growth of film materials by using the metalorganic chemical vapor deposition (MOCVD). The research trends in the latest years and a perspective on the future ofIII‐nitrideLEDs, especially on more efficient green andUVLEDs including those with boron nitride (BN), are also discussed.