This compound is primarily used as a key intermediate in organic synthesis, particularly in the development of organic light-emitting diodes (OLEDs). Its structure allows it to act as a building block for creating materials that emit light efficiently, making it valuable in the production of display and lighting technologies. Additionally, it is utilized in research focused on photophysical properties and as a dopant in host materials to enhance the performance of optoelectronic devices. Its role in the synthesis of advanced organic semiconductors also contributes to its importance in the field of materials science.