This chemical is primarily utilized in the field of organic electronics due to its electron-accepting properties. It is often incorporated into the development of organic semiconductors, which are essential components in devices such as organic light-emitting diodes (OLEDs) and organic photovoltaic cells (OPVs). Its ability to facilitate electron transport makes it valuable in enhancing the efficiency and performance of these devices. Additionally, it is used in research as a building block for synthesizing more complex organic compounds with specific electronic properties. Its applications also extend to the field of material science, where it contributes to the design of advanced materials with tailored functionalities.