Used primarily in the development of organic electronic devices, this compound serves as a key material in organic field-effect transistors (OFETs) due to its excellent charge transport properties. It is also employed in the fabrication of organic photovoltaics (OPVs), where it enhances the efficiency of solar cells by improving light absorption and charge carrier mobility. Additionally, it finds application in organic light-emitting diodes (OLEDs) for display technologies, contributing to better performance and stability. Its role in sensors, particularly in detecting specific analytes, is another significant application, leveraging its semiconducting characteristics.