This compound is primarily utilized in the development of organic electronic materials, particularly in the fabrication of organic photovoltaics (OPVs) and organic field-effect transistors (OFETs). Its unique structure, featuring conjugated systems and boronate ester groups, makes it highly effective as an electron-accepting material in bulk heterojunction solar cells. The material contributes to enhanced charge carrier mobility and improved light absorption, which are critical for the efficiency of OPVs. Additionally, its solubility in organic solvents allows for easy processing via solution-based techniques, such as spin-coating or inkjet printing, making it suitable for large-scale production of flexible electronic devices. The compound’s stability and compatibility with other organic semiconductors further broaden its application in next-generation optoelectronic devices.