Used as a key intermediate in the synthesis of organic semiconductors and optoelectronic materials. Its rigid, planar structure enhances charge transport properties, making it valuable in the development of organic light-emitting diodes (OLEDs) and organic field-effect transistors (OFETs). Also employed in the preparation of fluorescent dyes and sensors due to its strong photoluminescence and stability. Additionally, it serves as a building block in pharmaceutical research for designing bioactive molecules with enhanced metabolic stability.