An object of the present invention is to reduce on-state resistance and increases reliability in a semiconductor device having an electrode formed in a recessed structure. As illustrated in FIG. 1B, a first insulating layer 103 is formed. Then, as illustrated in FIG. 1C, a photolithography process is carried out to form a photoresist pattern 104. Subsequently, as illustrated in FIG. 1D, dry etching is applied to the first insulating layer 103. Then, as illustrated in FIG. 1E, a laminated semiconductor structure is etched. Next, in this state, wet etching is applied to the first insulating layer 103 as illustrated in FIG. 1F. Next, in this state, an electrode material 105 is formed on the entire exposed surface as illustrated in FIG. 1G. Finally, as illustrated in 1H, the photoresist pattern 104 is removed.