This chemical is primarily utilized in the development of advanced materials, particularly in the field of organic electronics. It serves as a key component in the synthesis of organic semiconductors, which are essential for creating flexible and lightweight electronic devices such as organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). Its unique structure and properties contribute to enhancing the efficiency and stability of these devices. Additionally, it is explored in the design of liquid crystal displays (LCDs) and other optoelectronic applications due to its ability to modulate light and electrical conductivity.