This compound is primarily used in the field of organic electronics due to its unique electronic properties. It is often incorporated into organic semiconductors, which are essential components in devices like organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). The material's ability to facilitate efficient charge transport makes it valuable in enhancing the performance of these devices. Additionally, its specific structure allows for fine-tuning of optical and electronic characteristics, making it suitable for applications in sensors and advanced display technologies. Researchers also explore its potential in the development of novel materials for energy conversion and storage systems.