A current research trend for nanostructured functional materials and their applications are summarized in this paper, for which a recently published special issue in Materials Transactions, Vol. 59, No. 7, is mainly surveyed here. Among the progresses of the functional materials, several important topics were covered in this special issue, which are advanced atomic or nano-meter scale analysis, advanced ab initio simulations, highly correlated electron system, advanced spectroscopy and advanced processing. In addition, contents of some related special issues are introduced.
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