Used in advanced electronic and optoelectronic devices due to its semiconducting properties. Employed in the development of high-performance transistors and integrated circuits, especially in high-temperature or high-radiation environments. Serves as a dopant material in solid-state lasers and optical amplifiers for telecommunications. Investigated for use in magnetic storage media and spintronic applications because of its unique magnetic characteristics. Also utilized in research settings for epitaxial growth of nitride-based thin films.