This chemical is primarily utilized in the field of organic electronics due to its strong electron-accepting properties. It is commonly employed as an electron acceptor material in organic photovoltaics (OPVs) and organic field-effect transistors (OFETs), where it helps improve the efficiency of charge transfer and device performance. Additionally, it is used in the synthesis of advanced organic semiconductors and as a key component in the development of non-fullerene acceptors for solar cell applications. Its ability to form stable and efficient charge-transfer complexes makes it valuable in the design of high-performance optoelectronic devices.