This chemical is primarily utilized in the field of organic electronics and materials science. It serves as a key component in the development of organic light-emitting diodes (OLEDs) due to its unique photophysical properties, which enable efficient light emission. The compound is also employed in the synthesis of advanced organic semiconductors, contributing to the enhancement of charge transport properties in electronic devices. Additionally, its structural characteristics make it a valuable building block in the creation of novel organic compounds for optoelectronic applications, such as sensors and photovoltaics.