Used as a key intermediate in the synthesis of organic semiconductors and optoelectronic materials. Its rigid aromatic structure and electron-rich nature make it suitable for applications in organic light-emitting diodes (OLEDs) and dye-sensitized solar cells. Also employed in the development of fluorescent probes and sensors due to its strong photoluminescent properties. Shows potential in photoredox catalysis and as a building block for functional dyes and pigments.