This chemical is primarily used in the development of organic semiconductors due to its unique electronic properties. It is particularly effective in organic field-effect transistors (OFETs) and organic photovoltaics (OPVs), where it enhances charge transport and light absorption. Additionally, it is employed in the fabrication of light-emitting diodes (LEDs) to improve efficiency and stability. Its ability to form stable thin films makes it suitable for flexible electronic devices. Researchers also explore its potential in sensors and optoelectronic applications, leveraging its responsiveness to light and electrical stimuli.