This compound is primarily utilized in the field of organic electronics due to its conjugated structure, which makes it suitable for use in organic semiconductors and light-emitting diodes (OLEDs). Its ability to facilitate electron transport and its luminescent properties are leveraged in the development of efficient electronic displays and lighting solutions. Additionally, it serves as a building block in the synthesis of complex organic molecules, particularly in the creation of polymers and dendrimers used in advanced material science. Its role in photovoltaics is also notable, as it contributes to the enhancement of solar cell efficiency by improving light absorption and charge carrier mobility.