The radiative transfer theory for semiconductors recently developed is applied to p-n junctions under conditions of low level injection. By virtue of the interaction of the radiation field with free carriers across the depletion layer or space charge region, the saturation current density j//0 in Shockley's expression j equals j//0 left bracket exp(qV/kT) minus 1 right bracket for the diode current is reduced at high doping levels from the customary value which neglects radiation effects altogether. While the effect is insignificant in p-type material, it is noticeable in n-type material owing to the small magnitude of the electron effective mass in direct gap III-V compounds. At an equilibrium electron concentration of 2 multiplied by 10**1**8 cm** minus **3 in GaAs, a reduction of j//o by 15% is predicted.