Used primarily in organic electronics, this compound serves as a key intermediate in the synthesis of high-performance n-type organic semiconductors. It is especially valuable in the development of organic photovoltaics (OPVs) and perovskite solar cells, where it functions as an electron-accepting material due to its strong electron-deficient character. Its derivatives are incorporated into small molecule acceptors, enhancing device efficiency and stability. Additionally, it finds use in dye-sensitized solar cells as a building block for sensitizers with broad light absorption. The compound’s planar structure and extended π-conjugation support efficient charge transport, making it suitable for thin-film transistors and other optoelectronic devices.