Organic semiconductors are being perceived as promising materials, which will complement or even substitute inorganic semiconductors, for the development of futuristic versatile flexible electronics. The discovery of organic metal TTF-TCNQ in the early 1970s directed the attention towards organic conductors and led to the determination of the first ambipolar co-crystal semiconductor, DBTTF-TCNQ, in 2004. Although a successful commercial organic semiconductor is yet to be reported, the area is being pursued with vigor and significant advancement in the development of co-crystal semiconductors has been realized. This highlight review provides a quick guide to understand the fundamentals and developments in the area. The nature of pi-pi interactions and degree of charge transfer (DCT) are discussed to benefit basic learners. An account of the computational methods utilized to understand and predict the semiconductor properties of organic co-crystals is provided and a comparison of the energy splitting method (ESM) and Larsson partition method (LPM) to evaluate the super-exchange electron coupling mechanisms in the organic co-crystals is provided. Selective literature on devices or ambipolar donor-acceptor (DA) co-crystal semiconductors is provided with a special focus on donor categories: thiafulvene-TTF, diphenyl tetrathia[22]annulene-DPTTA, polyaromatic hydrocarbon-PAH, benzothienobenzothiophene-BTBT, and their derivatives. A perspective of crystal engineering intervention, and the challenges and opportunities in the development and improvisation of device properties in co-crystal semiconductors are discussed towards the end of the article.