Used as an intermediate in the synthesis of organic semiconductors and optoelectronic materials. Its structure supports charge transport properties, making it valuable in the development of organic light-emitting diodes (OLEDs) and dye-sensitized solar cells. Also employed in the production of photoconductors for imaging devices such as photocopiers and laser printers due to its photoresponsive behavior. Additionally, it serves as a building block in the preparation of functional dyes and pigments with nonlinear optical properties.