This chemical is primarily utilized in the development of organic semiconductors, particularly in the field of organic photovoltaics (OPVs). Its unique structure allows for efficient light absorption and charge transport, making it a key component in the creation of high-performance solar cells. Additionally, it is employed in the fabrication of organic field-effect transistors (OFETs), where it enhances the electrical conductivity and stability of the devices. The compound's ability to form thin films with excellent morphological properties further contributes to its application in flexible and lightweight electronic devices. Its role in advancing next-generation renewable energy technologies and electronic components underscores its importance in modern material science.