This compound is primarily utilized in the field of organic electronics due to its favorable optoelectronic properties. It serves as a building block in the synthesis of organic semiconductors, which are integral components in devices like organic light-emitting diodes (OLEDs) and organic photovoltaic cells (OPVs). Its structure allows for efficient charge transport, making it suitable for use in thin-film transistors and other electronic applications. Additionally, it is employed in research focused on developing advanced materials for sensors and light-harvesting systems. Its ability to form stable films and its tunable electronic characteristics make it a valuable material in the design of next-generation electronic devices.