Used primarily in the field of organic electronics due to its semiconducting properties. It is often incorporated into organic field-effect transistors (OFETs) and organic photovoltaic (OPV) devices to enhance charge transport and efficiency. The compound's ability to absorb light in the visible spectrum makes it suitable for use in light-harvesting materials. Additionally, it is studied for its potential in developing sensors and optoelectronic devices, leveraging its unique electronic structure and stability.