Used primarily in organic electronics, this compound serves as a key material in the development of organic light-emitting diodes (OLEDs) due to its excellent electron-transporting properties. It is also employed in the synthesis of photoconductive polymers, which are crucial for applications in photocopiers and laser printers. Additionally, its nitro group makes it a valuable intermediate in the preparation of various dyes and pigments, enhancing color stability and intensity. Furthermore, it is investigated for applications in organic solar cells to improve photovoltaic efficiency. In research, it is utilized to study charge transfer processes and to develop new materials for optoelectronic devices.