Used primarily in the field of organic electronics, this compound serves as a key material in the development of organic light-emitting diodes (OLEDs) and organic photovoltaic cells (OPVs). Its ability to facilitate electron transport makes it valuable in enhancing the efficiency and stability of these devices. Additionally, it is employed in the synthesis of various organic semiconductors, contributing to advancements in flexible electronics and display technologies. Its application extends to research areas focusing on the development of new materials with improved optoelectronic properties.