This chemical is primarily utilized in the development of organic electronic materials, particularly in the fabrication of organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). Its unique structure allows for efficient electron transport and charge mobility, making it a valuable component in the design of high-performance electronic devices. Additionally, it is employed in research focused on creating advanced optoelectronic materials due to its ability to enhance the stability and efficiency of these systems. Its application extends to the synthesis of novel polymers and small molecules for use in next-generation electronic and photonic technologies.