This chemical is primarily utilized in the field of organic electronics due to its excellent electron-accepting properties. It is commonly employed as a key component in the synthesis of organic semiconductors, which are essential for the development of flexible electronic devices such as organic field-effect transistors (OFETs) and organic photovoltaics (OPVs). Its ability to facilitate efficient charge transport makes it valuable in enhancing the performance of these devices. Additionally, it is used in the design of donor-acceptor type conjugated polymers, which are crucial for creating materials with tunable optical and electronic properties. This compound also finds applications in the research and development of sensors, particularly in detecting specific analytes due to its responsive molecular structure.