This chemical is primarily utilized in the development of organic electronic materials due to its unique electronic properties. It serves as a key building block in the synthesis of organic semiconductors, which are essential components in organic light-emitting diodes (OLEDs) and organic photovoltaic (OPV) cells. Its structure allows for efficient electron transport, making it valuable in enhancing the performance of these devices. Additionally, it is used in research focused on creating advanced materials for optoelectronic applications, contributing to innovations in energy-efficient displays and solar energy conversion technologies.