This chemical is primarily utilized in the development of organic electronic materials, particularly in the field of optoelectronics. It serves as a key component in the synthesis of organic light-emitting diodes (OLEDs) due to its excellent charge transport properties and stability. The compound is also employed in the fabrication of organic photovoltaic (OPV) cells, where it enhances the efficiency of light absorption and energy conversion. Additionally, its unique structure makes it suitable for use in organic field-effect transistors (OFETs), contributing to improved device performance and durability. Researchers often explore its potential in creating advanced materials for display technologies and energy harvesting applications.