Used as a key intermediate in the synthesis of fluorescent dyes and optoelectronic materials due to its strong electron-accepting properties and stability. Its structure supports conjugation in organic semiconductors, making it valuable in OLEDs and organic photovoltaics. Also employed in the development of bioactive compounds, including antimicrobial and antitumor agents, where the bromine atoms allow further functionalization via cross-coupling reactions. Additionally, it serves as a building block in fluorescent probes for detecting metal ions or biomolecules in solution.