This chemical is primarily utilized in the field of organic electronics, particularly in the development of organic semiconductors. Its structure makes it suitable for use in organic light-emitting diodes (OLEDs) and organic photovoltaic (OPV) cells, where it acts as an electron-transport material or a component in the active layer. The compound's boron-containing groups enhance its stability and efficiency in these applications, making it valuable for improving device performance. Additionally, it is employed in the synthesis of conjugated polymers and small molecules for advanced optoelectronic devices. Its role in facilitating charge transport and light absorption is critical for the next generation of flexible and lightweight electronic technologies.