This compound is primarily utilized in the development of organic semiconductors due to its electron-deficient structure, which makes it suitable for use in electronic devices such as organic field-effect transistors (OFETs) and organic photovoltaics (OPVs). Its ability to facilitate electron transport enhances the efficiency of these devices. Additionally, it serves as a key intermediate in the synthesis of more complex organic molecules, particularly those used in materials science for creating advanced polymers and dyes. Its incorporation into conjugated systems can improve the optical and electronic properties of the resulting materials, making it valuable in the design of light-emitting diodes (LEDs) and sensors.