The I–U characteristics of p +in + diodes containing deep levels show a negative differential resistance (n.d.r.) region. At such diodes relaxation oscillations (r.o.) occur, which are discussed for the first time in the present paper. The r.o. are a very general phenomenon. The reasons are given, why a point by point measurement right into the n.d.r. region of the I–U characteristic is sometimes possible and sometimes not due to the occurrence of r.o. The attainable amplitudes of the r.o. are very high, thus an application in switching devices may be possible. The switching time is in the order of magnitude of the carrier lifetime. A theoretical explanation of the processes taking place inside the diodes cannot yet be given. But it will be shown, that, contrary to the usual assumption, even in “long” pin‐diodes 1. the recombination processes mainly take place in regions close to the contacts and not in the “i” region and that therefore 2. the diffusion cannot be neglected.