Used primarily in the synthesis of organic semiconductors and conductive polymers, this compound plays a crucial role in the development of materials for electronic devices such as OLEDs and solar cells. Its ability to form stable, conjugated systems makes it valuable in creating efficient light-emitting and charge-transporting layers. Additionally, it is employed in the production of dyes and pigments, particularly for applications requiring high thermal stability and colorfastness. In research, it serves as a building block for constructing complex molecular architectures, aiding in the study of photophysical properties and molecular interactions.