This chemical is primarily utilized in the development of advanced organic electronic materials. Its unique structure makes it suitable for use in organic photovoltaic devices, where it acts as an electron acceptor to enhance the efficiency of solar cells. Additionally, it is employed in the fabrication of organic light-emitting diodes (OLEDs), contributing to improved brightness and stability. The compound is also explored in the field of organic field-effect transistors (OFETs) for its semiconducting properties, aiding in the creation of flexible and lightweight electronic components. Its application extends to dye-sensitized solar cells, where it helps in optimizing light absorption and charge transfer processes.