This compound is primarily used in the development of organic semiconductors due to its excellent electron-accepting properties and stability. It is often incorporated into organic photovoltaic (OPV) devices to enhance their efficiency in converting sunlight into electricity. Additionally, it is utilized in the fabrication of organic field-effect transistors (OFETs), where it contributes to improved charge carrier mobility and device performance. Its application extends to organic light-emitting diodes (OLEDs), where it helps in achieving better color purity and energy efficiency. The compound's unique structure also makes it suitable for use in sensors and other optoelectronic devices, where precise control over electronic properties is essential.