This chemical is primarily utilized in the field of organic electronics due to its unique electronic properties. It serves as a key component in the synthesis of conductive polymers and organic semiconductors, which are essential for manufacturing flexible electronic devices such as organic light-emitting diodes (OLEDs), solar cells, and transistors. Its ability to facilitate electron transport makes it valuable in enhancing the efficiency and performance of these devices. Additionally, it is explored in research for developing advanced materials with tailored electrical and optical properties, contributing to innovations in next-generation electronic technologies.