This chemical is primarily utilized in the field of organic electronics due to its unique electronic properties. It serves as a key intermediate in the synthesis of organic semiconductors, which are essential components in the production of organic light-emitting diodes (OLEDs) and organic photovoltaic (OPV) cells. Its structure allows for efficient electron transport, making it valuable in the development of high-performance electronic devices. Additionally, it is explored in the creation of advanced materials for sensors and optoelectronic applications, where its stability and conductivity are highly beneficial. Research also focuses on its potential use in dye-sensitized solar cells to enhance energy conversion efficiency.