This compound is primarily used in the field of organic electronics, particularly in the development of organic semiconductors. It is incorporated into the active layers of organic solar cells to enhance their efficiency by improving light absorption and charge transport properties. Additionally, it is utilized in organic light-emitting diodes (OLEDs) to optimize the performance and stability of the devices. Its structure allows for fine-tuning of electronic properties, making it valuable in the design of advanced materials for optoelectronic applications.