Used primarily in organic electronics and advanced materials research, this compound serves as a building block for high-performance semiconductor materials. Its rigid, planar structure and extended π-conjugation make it suitable for applications in organic field-effect transistors (OFETs) and photovoltaic devices. It is also explored in the development of n-type organic semiconductors due to its strong electron-accepting properties when functionalized. Additionally, it finds use in the synthesis of novel dyes and fluorescent probes for imaging applications, where stability and tunable optical properties are required. Its derivatization can enhance charge transport and solubility, making it valuable in solution-processable electronic materials.