Used as a key intermediate in the synthesis of organic electronic materials, particularly in the production of light-emitting diodes (LEDs) and photovoltaic cells. Its structure contributes to the development of conjugated polymers, enhancing charge transport properties in these devices. Also employed in the creation of liquid crystal displays (LCDs) due to its ability to improve thermal stability and optical performance. In pharmaceutical research, it serves as a building block for synthesizing compounds with potential biological activity. Additionally, it is utilized in the preparation of dyes and pigments, offering improved color fastness and durability.