Used primarily in the synthesis of organic semiconductors, it plays a crucial role in the development of electronic devices such as organic light-emitting diodes (OLEDs) and organic field-effect transistors (OFETs). Its structure is beneficial for creating materials with high charge carrier mobility, essential for efficient electronic performance. Additionally, it serves as a building block in the production of dyes and pigments, contributing to vibrant and stable colors in various industrial applications. Its application in research also extends to photophysical studies, where its properties help in understanding molecular interactions and energy transfer processes.