Used in organic electronics as a building block for semiconducting materials, particularly in the development of organic field-effect transistors (OFETs) and organic photovoltaics (OPVs). Its rigid, planar structure enhances π-π stacking, improving charge carrier mobility. Also investigated in fluorescent sensors and dyes due to its luminescent properties when functionalized. Shows potential in medicinal chemistry as a scaffold for kinase inhibitors and antimicrobial agents.