This chemical is primarily utilized in the development of organic electronic materials due to its ability to form stable and efficient charge-transporting layers. It is often incorporated into organic light-emitting diodes (OLEDs) to enhance their performance by improving electron mobility and device efficiency. Additionally, it serves as a building block in the synthesis of conjugated polymers and small molecules for use in photovoltaic devices, contributing to better light absorption and energy conversion. Its structural properties also make it suitable for applications in organic semiconductors and as a component in metal-organic frameworks (MOFs) for gas storage or catalysis.