This compound is primarily utilized in the development of organic semiconductors, particularly in organic field-effect transistors (OFETs) and organic photovoltaics (OPVs). Its unique structure allows for efficient charge transport, making it suitable for use in electronic devices. The compound is also explored in the fabrication of light-emitting diodes (LEDs) due to its ability to enhance luminescence properties. Researchers are investigating its potential in creating flexible and lightweight electronic components, contributing to advancements in wearable technology and foldable displays. Additionally, its application in sensors is being studied, leveraging its sensitivity to environmental changes for detecting various substances.