This compound is primarily utilized in the development of organic semiconductors due to its unique electronic properties. It serves as a key building block in the synthesis of conjugated polymers, which are essential for creating flexible and lightweight electronic devices such as organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). Its structure allows for efficient charge transport, making it suitable for use in thin-film transistors and sensors. Additionally, it is explored in the field of dye-sensitized solar cells to enhance light absorption and energy conversion efficiency. Its application extends to research in advanced materials for sustainable energy solutions.