Used as an intermediate in the synthesis of organic semiconductors and optoelectronic materials. It plays a role in the development of organic light-emitting diodes (OLEDs) due to its ability to form stable hydrazone structures that contribute to electron transport properties. Also employed in the preparation of fluorescent dyes and sensors, where its conjugated system enhances light absorption and emission characteristics. Its derivatives are explored in photovoltaic cells for improving charge carrier mobility.