Used in advanced electronic and optoelectronic devices due to its layered crystal structure that supports anisotropic electrical conductivity. Serves as a key material in research for spintronic applications, where its magnetic and semiconducting properties enable the development of low-power memory and logic devices. Also employed in studies of van der Waals heterostructures, allowing integration with other 2D materials for novel transistor designs. Its high purity and structural perfection make it ideal for fundamental studies in solid-state physics and surface science.