This chemical is primarily utilized in the field of organic electronics and materials science due to its unique structural properties. It serves as a key building block in the synthesis of advanced organic semiconductors, which are essential components in the development of organic light-emitting diodes (OLEDs) and organic photovoltaic (OPV) cells. Its highly symmetrical and iodinated structure enhances charge transport properties, making it suitable for use in high-performance electronic devices. Additionally, it is employed in the creation of liquid crystals and other advanced materials that require precise molecular arrangements for optimal functionality. The compound's stability and electronic characteristics also make it a candidate for research in optoelectronic applications and as a precursor in the synthesis of complex organic molecules.