Cadmium chloride treatment is a key processing step identified in the late 1970s to drastically improve the solar to electric conversion efficiency of CdS/CdTe thin film solar cells. Although a large body of experimental results are available to date, this process is yet to be understood even after three decades of research. This paper reviews the experimental results available, presents some new clues leading to improved understanding and suggests key research areas necessary to fully understand this crucial processing step. Improved understanding will lead to further increase in conversion efficiency of CdS/CdTe solar cells well beyond 20%.