This compound is primarily utilized in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). Its structure, featuring a combination of electron-donating and electron-accepting moieties, makes it an effective material for charge transport and light emission. In OLEDs, it is often employed as an emissive layer or a host material due to its ability to facilitate efficient electron-hole recombination, leading to bright and stable light emission. Additionally, its optoelectronic properties are leveraged in OPVs to enhance the absorption of sunlight and improve the conversion efficiency of solar energy into electrical power. The compound’s design also allows for tuning of its electronic properties, making it a versatile candidate for various advanced electronic applications.