Used in the synthesis of organic semiconductors, this compound is integral in the development of conductive polymers and advanced materials for electronic devices. Its structure allows for effective electron transport, making it valuable in the creation of organic light-emitting diodes (OLEDs) and photovoltaic cells. Additionally, it serves as a building block in the production of high-performance coatings and adhesives, where its rigid, conjugated backbone enhances mechanical strength and thermal stability. Researchers also explore its potential in designing molecular wires and other nanoscale electronic components.