Used primarily in the development of organic semiconductors, this compound is integral in the creation of organic light-emitting diodes (OLEDs) and organic photovoltaic (OPV) cells. Its ability to facilitate charge transport makes it valuable in enhancing the efficiency and performance of these devices. Additionally, it is employed in the synthesis of advanced materials for electronic applications, including transistors and sensors, due to its stable and conductive properties. The compound also finds use in research focused on improving the durability and functionality of organic electronic components.