This compound is primarily utilized in the field of organic electronics due to its electron-accepting properties. It is often incorporated into the design of organic semiconductors, where it helps in the efficient transport of electrons within devices such as organic light-emitting diodes (OLEDs) and organic photovoltaic cells (OPVs). Its structure allows for the tuning of electronic properties, making it valuable in the development of materials with specific optoelectronic characteristics. Additionally, it is used in the synthesis of complex organic molecules, serving as a building block in the construction of more elaborate chemical architectures. Its application extends to research settings where it is studied for potential use in advanced material science and nanotechnology.