This chemical is primarily used in the field of organic electronics due to its unique optical and electronic properties. It serves as a key component in the development of organic light-emitting diodes (OLEDs), where it enhances efficiency and color stability. Additionally, it is utilized in organic photovoltaics (OPVs) to improve light absorption and energy conversion. Its robust structure also makes it suitable for use in organic field-effect transistors (OFETs), contributing to better charge carrier mobility. Researchers are exploring its potential in advanced materials for next-generation electronic devices.