This chemical is primarily utilized in the development of organic semiconductors due to its excellent electron-accepting properties. It is often incorporated into organic photovoltaic (OPV) cells to enhance their efficiency by improving charge transport and light absorption. Additionally, it is used in the fabrication of organic field-effect transistors (OFETs) for flexible electronics, where its stability and conductivity are highly advantageous. The compound also finds applications in organic light-emitting diodes (OLEDs) as an electron-transport material, contributing to brighter and more energy-efficient displays. Its unique structure makes it a valuable component in advanced materials for next-generation electronic devices.