This compound is primarily utilized in the development of organic semiconductors due to its unique electronic properties. It serves as a key component in the synthesis of advanced materials for organic light-emitting diodes (OLEDs) and organic photovoltaic (OPV) cells. Its structure allows for efficient charge transport, making it suitable for use in high-performance electronic devices. Additionally, it is explored in the field of optoelectronics for designing sensors and light-harvesting systems. Its application in these areas contributes to advancements in energy-efficient technologies and sustainable energy solutions.