This compound is primarily utilized in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs). It serves as a key material in the synthesis of organic semiconductors due to its excellent charge transport properties and stability. The compound is often incorporated into the emissive layer of OLEDs to enhance efficiency and brightness. Additionally, it is used in the fabrication of organic photovoltaic (OPV) cells, where it contributes to improved light absorption and energy conversion. Its unique structure also makes it suitable for applications in organic field-effect transistors (OFETs), aiding in the creation of flexible and lightweight electronic devices.