Used primarily in the development of organic electronic materials, this compound serves as a key building block in the synthesis of high-performance organic semiconductors. Its structure is particularly valuable in creating materials for organic light-emitting diodes (OLEDs) and organic photovoltaic (OPV) cells, contributing to enhanced efficiency and stability in these devices. Additionally, it is employed in the production of advanced liquid crystal displays (LCDs) and as a precursor in the synthesis of dyes and pigments for specialized applications. Its unique properties also make it a candidate for research in nonlinear optical materials.