This chemical is primarily utilized in the field of organic electronics and materials science due to its conjugated structure, which makes it suitable for use in organic semiconductors and light-emitting diodes (OLEDs). Its ability to facilitate electron transfer and its stability under various conditions make it a valuable component in the development of advanced electronic devices. Additionally, it is often employed in research as a building block for synthesizing more complex organic compounds with specific electronic properties. Its application extends to the creation of photovoltaic materials, where it contributes to improving the efficiency of solar cells.