Semi-Solid Metal (SSM) casting is a promising technology offering an opportunity to manufacture net-shape, complex geometry metal components in a single operation. However, the absence of foundry guidelines and limited design data for SSM casting makes it challenging to predict the performance of both process and components. The objective of this research was to develop and offer new solutions to material processing-related issues in the electronics industry. By investigating the opportunities afforded by the recently developed RheoMetalTM rheocasting process, a better understanding of the critical factors needed for an effective manufacturing process and optimised component characteristics was achieved. A study of the evolution of microstructure at different stages of the RheoMetalTM process demonstrated the influence of multistage solidification on the microstructural characteristics of the rheocast components. The microstructure of a slurry consists of the solute-lean and coarse globular α-Al particles with a uniform distribution of alloying elements, suspended in the liquid matrix. Additional solute-rich α-Al particles were identified as being a consequence of discrete nucleation events taking place after the initial slurry production. In the final components, macrosegregation was observed in the form of variations in the ratio of solute-lean coarse globular α-Al particles and solute-rich fine α-Al particles in both longitudinal and transverse directions. The relation between microstructural characteristics and material properties was established by determination of the local properties of a rheocast component. The fracture of a rheocast telecom component was strongly affected by microstructural inhomogeneity. In particular, macrosegregation in the form of liquid surface segregation bands and sub-surface pore bands strongly affected the fracture behaviour. Thermal conductivity measurements revealed that regions of the component with a high amount of solute-lean globular α-Al particles showed higher thermal conductivity. The effect of the local variation in thermal conductivity on the thermal performance of a large rheocast heatsink was evaluated by simulation. The results clearly show the importance of considering material inhomogeneity when creating a robust component design.