This chemical is primarily utilized in the field of organic electronics, particularly in the synthesis of organic semiconductors. It serves as a key intermediate in the production of light-emitting diodes (OLEDs) and organic photovoltaic cells (OPVs). Its structure allows for efficient charge transport and stability, making it suitable for use in high-performance electronic devices. Additionally, it is employed in cross-coupling reactions, such as Suzuki-Miyaura coupling, to create complex organic molecules for advanced materials research. Its unique properties contribute to enhancing the efficiency and durability of optoelectronic applications.