This chemical is widely used in the field of organic electronics, particularly in the development of organic semiconductors. It is a key component in the fabrication of organic light-emitting diodes (OLEDs) and organic photovoltaic (OPV) cells due to its excellent electron-transporting properties and stability. Additionally, it is utilized in the synthesis of conjugated polymers, which are essential for creating flexible and lightweight electronic devices. Its unique structure allows for efficient charge transport, making it suitable for applications in solar energy conversion and optoelectronic devices.