This compound is primarily used in organic electronics due to its excellent electron-accepting properties. It is often incorporated into organic semiconductors and photovoltaic materials, where it enhances charge transport and improves the efficiency of devices like organic solar cells and light-emitting diodes (OLEDs). Its strong electron-withdrawing nature makes it suitable for use in dye-sensitized solar cells (DSSCs) to improve light absorption and energy conversion. Additionally, it is utilized in the synthesis of advanced materials for optoelectronic applications, contributing to the development of high-performance electronic devices. Its stability and electronic properties also make it a candidate for research in nonlinear optical materials.