Used in organic synthesis for developing advanced materials, particularly in the field of organic electronics. It serves as a key building block for creating conjugated polymers and small molecules that are essential in organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). Its structure allows for efficient charge transport, making it valuable in designing semiconductors for flexible and lightweight electronic devices. Additionally, it finds applications in medicinal chemistry as a scaffold for synthesizing biologically active compounds, potentially leading to new therapeutic agents.