The ASi–Sii defect model as one possible explanation for light‐induced degradation (LID) in typically boron‐doped silicon solar cells, detectors, and related systems is discussed and reviewed. Starting from the basic experiments which led to the ASi–Sii defect model, the ASi–Sii defect model (A: boron, or indium) is explained and contrasted to the assumption of a fast‐diffusing so‐called “boron interstitial.” An LID cycle of illumination and annealing is discussed within the conceptual frame of the ASi–Sii defect model. The dependence of the LID defect density on the interstitial oxygen concentration is explained within the ASi–Sii defect picture. By comparison of electron paramagnetic resonance data and minority carrier lifetime data related to the assumed fast diffusion of the “boron interstitial” and the annihilation of the fast LID component, respectively, the characteristic EPR signal Si‐G28 in boron‐doped silicon is related to a specific ASi–Sii defect state. Several other LID‐related experiments are found to be consistent with an interpretation by an ASi–Sii defect.