- Webpack is a module bundler that builds dependencies between modules and manages assets like JavaScript files, CSS files, and images.
- It uses loaders to transform different types of modules and plugins to extend its functionality. Loaders handle file transformations while plugins can access and modify the build process.
- Code splitting allows splitting code into separate bundles to optimize load performance by prioritizing loading and allowing on-demand loading of code. Techniques like extracting vendor code and using import statements help enable code splitting in Webpack.