This complex is primarily utilized in the field of organic electronics due to its unique conductive and semiconductive properties. It serves as a key component in the fabrication of organic field-effect transistors (OFETs) and organic light-emitting diodes (OLEDs), where it enhances charge transport efficiency. Additionally, its application extends to the development of sensors, particularly in detecting various chemical species, owing to its sensitivity to changes in the surrounding environment. The compound is also explored in the synthesis of advanced materials for energy storage systems, such as supercapacitors, where it contributes to improved energy density and stability.