This chemical is primarily utilized in the field of organic electronics and optoelectronics due to its unique photophysical properties. It serves as a key component in the development of organic light-emitting diodes (OLEDs), where its ability to emit light efficiently makes it suitable for display and lighting applications. Additionally, it is employed in the fabrication of organic photovoltaic (OPV) cells, contributing to the enhancement of solar energy conversion efficiency. Its structural design also allows for potential use in sensors and bioimaging, leveraging its fluorescence for detection and visualization purposes.