Used as a key intermediate in the synthesis of organic light-emitting diodes (OLEDs) due to its ability to form stable and efficient light-emitting materials. It is also employed in the development of photoconductive polymers, which are essential in photocopiers and laser printers. Additionally, this compound finds application in the creation of advanced organic semiconductors, contributing to the production of flexible electronic devices and sensors. Its unique structure makes it valuable in research focused on organic electronics and optoelectronics.