This chemical is primarily used in the field of organic electronics, particularly in the development of light-emitting diodes (OLEDs) and photovoltaic devices. Its unique structure allows for efficient charge transport and light emission, making it suitable for use in display screens and energy-efficient lighting. Additionally, it is employed in the fabrication of organic solar cells due to its ability to absorb light and convert it into electrical energy. The material's flexibility and processability also make it a candidate for use in flexible and wearable electronic devices. Its application extends to sensors and other optoelectronic devices where high performance and stability are required.