One-dimensional helical liquids can appear at boundaries of certain condensed matter systems. Two prime examples are the edge of a quantum spin Hall insulator, also known as a two-dimensional topological insulator, and the hinge of a three-dimensional second-order topological insulator. For these materials, the presence of a helical state at the boundary serves as a signature of their nontrivial bulk topology. Additionally, these boundary states are of interest themselves, as a novel class of strongly correlated low-dimensional systems with interesting potential applications. Here, we review existing results on such helical liquids in semiconductors. Our focus is on the theory, though we confront it with existing experiments. We discuss various aspects of the helical states, such as their realization, topological protection and stability, or possible experimental characterization. We lay emphasis on the hallmark of these states, being the prediction of a quantized electrical conductance. Since so far reaching a well-quantized conductance remained challenging experimentally, a large part of the review is a discussion of various backscattering mechanisms which have been invoked to explain this discrepancy. Finally, we include topics related to proximity-induced topological superconductivity in helical states, as an exciting application towards topological quantum computation with the resulting Majorana bound states.