This chemical is primarily used in organic electronics and optoelectronics due to its strong electron-accepting properties. It is often employed as an acceptor material in organic solar cells, where it helps enhance the efficiency of charge separation and electron transport. Additionally, it is utilized in the development of organic light-emitting diodes (OLEDs) and organic field-effect transistors (OFETs) to improve device performance. Its ability to form stable thin films makes it suitable for use in various thin-film electronic applications. Researchers also explore its potential in photodetectors and sensors, leveraging its photophysical properties for light-sensitive applications.