Used primarily in organic electronics, this compound serves as a key material in the development of organic light-emitting diodes (OLEDs) and organic field-effect transistors (OFETs). Its extended conjugated system makes it highly effective in charge transport, enhancing device performance. Additionally, it is explored in photovoltaic applications due to its ability to absorb light efficiently, contributing to the advancement of organic solar cells. Researchers also utilize it in the study of photophysical properties to design new materials with tailored electronic characteristics.