This chemical is primarily utilized in the field of organic electronics and material science due to its unique electronic properties. It serves as a key component in the synthesis of conductive polymers and organic semiconductors, which are essential for manufacturing flexible electronic devices such as organic light-emitting diodes (OLEDs) and solar cells. Additionally, its structure allows it to act as a precursor in the development of advanced materials with tailored electrical conductivity and optical properties, making it valuable for research in next-generation electronic applications. Its role in creating sulfur-rich compounds also contributes to its use in designing materials for energy storage systems, such as lithium-sulfur batteries.