Used primarily in organic electronics, this compound serves as a building block in the synthesis of advanced semiconductor materials. Its rigid, polycyclic structure enhances thermal stability and charge transport properties, making it valuable in the development of organic light-emitting diodes (OLEDs) and field-effect transistors (OFETs). It is also employed in research settings to design novel π-conjugated systems for optoelectronic applications. Due to its hydrophobic and planar characteristics, it can intercalate into aromatic frameworks, aiding in the tuning of energy levels in organic photovoltaics.