The physics of strong coupling phenomena in semiconductor quantum micr
ocavities is reviewed. This is a relatively new field with most import
ant developments having occurred in the last 5 years. We describe how
such microcavities enable both electronic and photonic properties oi s
emiconductors, and the interaction between them, to be controlled in t
he same structure. The resulting coupled exciton-photon eigenstates, c
avity polaritons, have many interesting properties including very low
mass for small in-plane wavevectors, and can be studied easily and dir
ectly in optical experiments, unlike exciton-polaritons in bulk semico
nductors. A wealth of new optical phenomena has been reported in this
field in the last few years. This review describes the most important
of these phenomena. We discuss the reasons why polaritons have fundame
ntally different properties in microcavities as compared with those in
bulk materials or quantum wells. We explain the factors which control
the strength of the exciton-photon coupling and how the resulting opt
ical spectra can be modelled. We then emphasize, in the main body of t
he review, the particularly important results of reflectivity experime
nts at both normal and oblique angles of incidence, the effects of ext
ernal electric and magnetic fields, the results of coherent Raman scat
tering experiments, the effects of disorder on microcavity spectra, in
cluding the observation of motional narrowing over the exciton disorde
r potential, studies of coupled microcavities, and photoluminescence a
nd time-resolved phenomena.