Used in organic synthesis, particularly in the development of conjugated polymers and organic semiconductors, due to its ability to facilitate electron transport and enhance conductivity. It serves as a key intermediate in the production of light-emitting diodes (LEDs) and photovoltaic cells, contributing to improved efficiency in energy conversion and display technologies. Additionally, it is employed in the synthesis of fluorescent dyes and probes for biological imaging, leveraging its photophysical properties for high-resolution visualization in research and diagnostics. Its structural features also make it valuable in the design of advanced materials for optoelectronic applications.