The document discusses the full custom digital IC design of priority encoders 74LS147 and 74LS148, detailing the functions of encoders and the specific characteristics of priority encoders that output the active input with the highest priority. It includes specifications, functional block diagrams, layout information, and applications of the encoders, as well as future scope with the development of a 16-to-4 priority encoder. Key specifications such as technology, supply voltage, area, and power consumption are compared for both encoders.