This compound is primarily utilized in the field of organic electronics, particularly in the development of advanced materials for optoelectronic devices. Its structure makes it a valuable component in the synthesis of conjugated polymers, which are essential for creating efficient organic solar cells. The material's ability to facilitate charge transport and its stability under various conditions enhance the performance of photovoltaic devices. Additionally, it is explored for use in organic light-emitting diodes (OLEDs) and field-effect transistors (FETs), where its electronic properties contribute to improved device efficiency and durability. Research is ongoing to further optimize its applications in these cutting-edge technologies.