This chemical is primarily utilized in the field of organic electronics due to its unique photophysical properties. It is often employed as a key component in the development of organic light-emitting diodes (OLEDs), where it enhances efficiency and brightness. Additionally, its structural characteristics make it suitable for use in organic photovoltaic cells, contributing to improved light absorption and energy conversion. The compound is also explored in the synthesis of advanced materials for optoelectronic devices, where its stability and electronic properties are highly valued. Furthermore, it finds application in research and development for designing novel fluorescent probes and sensors, leveraging its strong luminescence.