Used as an n-type organic semiconductor in organic field-effect transistors (OFETs) due to its strong electron-accepting properties. It is also employed in organic photovoltaics (OPVs) as an electron acceptor material, enhancing device efficiency. Its planar structure and extended π-conjugation enable good charge carrier mobility and thermal stability, making it suitable for use in flexible electronics and thin-film devices. Additionally, it serves as a building block in the synthesis of more complex organic semiconductors and is investigated for use in perovskite solar cells as an interfacial layer to improve electron extraction.