This compound is widely used in organic electronics, particularly in the synthesis of conjugated polymers for organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). Its structure allows it to act as a key monomer in Suzuki-Miyaura cross-coupling reactions, facilitating the creation of high-performance materials with excellent charge transport properties. Additionally, it is employed in the development of sensors and optoelectronic devices due to its ability to form stable and efficient π-conjugated systems. Its solubility in organic solvents also makes it suitable for solution-processing techniques, which are essential for large-scale manufacturing of flexible electronic devices.