Used as a high-performance organic semiconductor in optoelectronic devices, particularly in organic photovoltaics (OPVs) and organic light-emitting diodes (OLEDs). Its strong electron-accepting nature and extended π-conjugation enable efficient charge transport and broad light absorption, enhancing device efficiency. Commonly employed as an electron acceptor in donor-acceptor type active layers, it contributes to improved power conversion efficiency in solar cells. Also explored in photodetectors due to its excellent photoresponse characteristics and thermal stability, making it suitable for durable, solution-processable thin-film devices.