This chemical is primarily utilized in the field of organic electronics, particularly in the development of organic photovoltaic (OPV) devices. Its unique structure allows it to function as an efficient electron donor material, enhancing the light absorption and charge transfer properties of solar cells. Additionally, it is employed in the fabrication of organic light-emitting diodes (OLEDs), where it contributes to improved device efficiency and stability. The compound is also explored in dye-sensitized solar cells (DSSCs) due to its ability to absorb a broad spectrum of light, making it a promising candidate for renewable energy applications. Furthermore, its solubility in organic solvents makes it suitable for solution-processed electronic devices, simplifying manufacturing processes.