With the development of the short pulse laser source, it has been demonstrated that molecular [1–4] and lattice dynamics [5–7] can be studied in the time domain. Pulses of light that are short compared to the optical phonon period have been found to initiate coherent lattice vibrations through various mechanisms which depend on the material type. The purpose of this paper is to describe the observation of the coherent phonon phenomenon in semimetals and narrow-gap semiconductors, and to propose a potential application of this phenomenon as a terahertz light modulator.