This chemical is primarily utilized in the field of organic electronics due to its unique conductive properties. It serves as a key component in the synthesis of organic semiconductors, which are essential for the development of flexible electronic devices such as organic light-emitting diodes (OLEDs) and solar cells. Additionally, it is employed in the creation of charge-transfer complexes, which are crucial for studies in molecular electronics and photovoltaics. Its application extends to research in non-linear optical materials, where it contributes to advancements in optical data storage and telecommunications.