This chemical is primarily utilized in the field of organic electronics due to its unique photophysical properties. It serves as a key component in the development of organic light-emitting diodes (OLEDs), where its ability to emit light efficiently makes it suitable for display and lighting technologies. Additionally, its structural characteristics enable its use in the synthesis of advanced materials for photovoltaic cells, contributing to improved energy conversion efficiency in solar panels. The compound is also explored in research for its potential in nonlinear optical applications, such as in the fabrication of optical switches and sensors. Its versatility in electronic and optical applications underscores its significance in advancing modern technology.