This chemical is primarily utilized in the development of organic semiconductors, particularly in the field of organic photovoltaics (OPVs) and organic field-effect transistors (OFETs). Its unique structure allows for efficient electron transport and charge mobility, making it a valuable component in the design of high-performance electronic devices. Additionally, it is employed in the synthesis of conjugated polymers, which are essential for creating flexible and lightweight electronic materials. Its application extends to the production of sensors and light-emitting diodes (LEDs), where its properties enhance device efficiency and stability.