PbTe doped with I were fast prepared by high pressure and high temperature method. The carrier concentration of HPHT synthesized PbTe1−xIx is sensitive to I content. Large power factor and high ZT value was obtained for PbTe doped with 0.03 mol% I. HPHT synthesized PbTe1−xIx have good thermal stability from 300 to 600 K.