Towards the 6th generation mobile communications system (6G), it is considered to expand a frequency band higher than that for 5G, 95 GHz–3 THz, and electromagnetic waves up to approximately 300 GHz are under consideration[1]. Therefore, developing and realizing devices that can operate in these frequency bands is an urgent issue. It is essential to elucidate the dielectric, magnetic, and electrical properties of semiconductors and other electronic materials, which constitute the development and manufacturing processes, in these frequency bands. It is said that 6G will be in operation in 2030, the demand for material property measurement systems for the frequency range from the high-frequency band of millimeter waves to the THz wave region (300 GHz up to 3 THz) is expected to significantly increase in the next decade. The authors are focusing particularly on dilute bismide (Bi) III-V compound semiconductors grown at low temperatures as a candidate material for photoconductive antenna (PCA) that is a device often used for generating and detecting THz wave in these frequency bands as a drive source of ultrashort laser pulses in the THz time-domain spectroscopy system.