This compound is primarily utilized in the field of organic electronics due to its semiconducting properties. It is often incorporated into the active layers of organic field-effect transistors (OFETs) and organic photovoltaics (OPVs) to enhance charge carrier mobility and device efficiency. Its unique molecular structure allows for effective π-π stacking, which is crucial for improving electrical conductivity in thin-film applications. Additionally, it is explored in the development of light-emitting diodes (LEDs) and sensors, where its stability and performance under various conditions are advantageous. Its application in these technologies contributes to advancements in flexible and wearable electronics.