This compound 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 molecular structure, featuring extended conjugation and electron-deficient dinitrile groups, makes it an excellent candidate for electron-accepting materials in bulk heterojunction solar cells. The compound’s ability to efficiently transport electrons and its tunable electronic properties enhance the performance of OPV devices by improving power conversion efficiency. Additionally, its stability and solubility in organic solvents facilitate its processing into thin films, which is crucial for large-scale manufacturing of flexible and lightweight electronic devices. In OFETs, it serves as an active layer, contributing to high charge carrier mobility and device stability. Its application in these advanced technologies highlights its potential in next-generation electronic and energy-harvesting systems.