Used in optoelectronic devices due to its semiconducting properties, particularly in infrared detectors and nonlinear optical applications. It serves as a key material in frequency conversion processes like second-harmonic generation, making it valuable in laser systems. Also investigated for use in thin-film solar cells and photovoltaic applications because of its favorable bandgap and light absorption characteristics. Its layered structure supports research in two-dimensional materials for advanced electronic and photonic devices.