This chemical is primarily utilized in the synthesis of advanced organic compounds, particularly in the development of liquid crystal materials. It serves as a key intermediate in the production of liquid crystal displays (LCDs), which are widely used in electronic devices such as televisions, monitors, and smartphones. Its structure allows it to contribute to the stability and performance of the liquid crystals, enhancing display clarity and efficiency. Additionally, it finds application in organic photovoltaics, where it aids in the development of materials for solar cells, improving their light absorption and energy conversion capabilities. Its role in these high-tech industries underscores its importance in modern material science and technology.