This chemical is primarily utilized in the field of organic electronics, particularly in the development of organic photovoltaic (OPV) devices. It serves as a key building block in the synthesis of conjugated polymers, which are essential for creating efficient light-absorbing layers in solar cells. The compound's structure allows for enhanced charge carrier mobility and improved light absorption, contributing to the overall performance of the solar cell. Additionally, it is employed in research focused on designing new materials for flexible and lightweight electronic applications, such as wearable technology and foldable displays. Its role in advancing sustainable energy solutions and next-generation electronics underscores its significance in modern material science.