Used in organic electronics due to its extended π-conjugated structure, this compound serves as a key intermediate in the synthesis of high-performance semiconductor materials. It is particularly valuable in the development of organic field-effect transistors (OFETs) and as a building block for fluorescent dyes and pigments. Its electron-deficient core enables strong intermolecular interactions, enhancing charge transport in thin-film devices. Additionally, it has been explored in photovoltaic applications for dye-sensitized solar cells (DSSCs) owing to its tunable absorption and redox properties.