This chemical is primarily utilized in the development of organic electronic materials, particularly in the fabrication of organic photovoltaic (OPV) devices. Its unique structure, featuring conjugated thiophene and pyrrolo[3,4-c]pyrrole-1,4-dione units, makes it an effective electron acceptor in bulk heterojunction solar cells. The incorporation of dioxaborolane groups enhances its solubility and processability, allowing for efficient thin-film deposition. Additionally, it is employed in organic field-effect transistors (OFETs) due to its ability to facilitate charge transport, contributing to improved device performance. Its role in these applications is critical for advancing flexible and lightweight electronic technologies.