In recent years, the physics community has experienced a revival of interest in spin effects in solid state systems. On one hand, solid state systems, particularly semicon- ductors and semiconductor nanosystems, allow one to perform benchtop studies of quantum and relativistic phenomena. On the other hand, interest is supported by the prospects of realizing spin-based electronics where the electron or nuclear spins can play a role of quantum or classical information carriers. This book aims at rather detailed presentation of multifaceted physics of interacting electron and nuclear spins in semiconductors and, particularly, in semiconductor-based low-dimensional structures. The hyperfine interaction of the charge carrier and nuclear spins increases in nanosystems compared with bulk materials due to localization of electrons and holes and results in the spin exchange between these two systems. It gives rise to beautiful and complex physics occurring in the manybody and nonlinear system of electrons and nuclei in semiconductor nanosystems. As a result, an understanding of the intertwined spin systems of electrons and nuclei is crucial for in-depth studying and control of spin phenomena in semiconductors. The book addresses a number of the most prominent effects taking place in semiconductor nanosystems including hyperfine interaction, nuclear magnetic resonance, dynamical nuclear polarization, spin-Faraday and -Kerr effects, processes of electron spin decoherence and relaxation, effects of electron spin precession mode-locking and frequency focusing, as well as fluctuations of electron and nuclear spins.