This chemical is primarily used in the field of organic electronics due to its unique photophysical properties. It serves as a key component in the development of organic light-emitting diodes (OLEDs), where it enhances efficiency and stability. Additionally, it is employed in the synthesis of advanced materials for optoelectronic devices, such as sensors and photovoltaic cells, owing to its ability to facilitate charge transport. Its structure also makes it a potential candidate for use in organic semiconductors, contributing to the advancement of flexible and lightweight electronic devices.