This chemical is primarily used in the field of organic electronics, particularly in the development of light-emitting diodes (LEDs). It serves as a key material in the active layer of polymer-based LEDs, where its ability to emit light efficiently makes it valuable for creating flexible and lightweight display screens. Additionally, it is employed in the fabrication of solar cells, where its semiconducting properties help in converting sunlight into electrical energy. Its application extends to sensors as well, where it is utilized for detecting various environmental changes due to its responsive nature to external stimuli. Overall, this chemical plays a significant role in advancing technologies related to energy and electronics.