Used as an electron-accepting material in organic photovoltaics due to its strong electron-deficient character and extended π-conjugation, enabling efficient charge separation in solar cells. Also employed in organic field-effect transistors (OFETs) as a n-type semiconductor, offering good electron mobility and ambient stability. Its deep LUMO energy level makes it suitable for use in near-infrared (NIR) dyes and photodetectors. Additionally, it serves as a precursor for synthesizing perylene diimide derivatives used in fluorescent sensors and bioimaging, leveraging its high thermal and chemical stability.