This compound is primarily utilized in the field of organic electronics and material science due to its unique conjugated structure. It serves as a key building block in the synthesis of organic semiconductors, which are essential components in devices such as organic light-emitting diodes (OLEDs), organic field-effect transistors (OFETs), and organic photovoltaic cells (OPVs). Its ability to facilitate efficient charge transport and light absorption makes it valuable in the development of high-performance optoelectronic materials. Additionally, it can be used in the design of advanced polymers and small molecules for applications in sensors and nonlinear optical materials.