This chemical is primarily used in the field of organic electronics, particularly in the development of organic semiconductors. It serves as a key component in the synthesis of high-performance organic photovoltaic materials, which are essential for creating efficient solar cells. Additionally, it is utilized in the production of organic light-emitting diodes (OLEDs), where it contributes to the enhancement of light emission and energy efficiency. Its unique electronic properties also make it valuable in the fabrication of organic field-effect transistors (OFETs), which are crucial for flexible and wearable electronics. Furthermore, it finds application in dye-sensitized solar cells (DSSCs), improving their overall performance and stability. This compound’s versatility in various electronic applications underscores its importance in advancing sustainable and innovative technologies.