Used in organic electronics, particularly in the development of conductive polymers and semiconductors. Its structure is beneficial for creating materials with high charge carrier mobility, making it suitable for use in organic field-effect transistors (OFETs) and organic photovoltaics (OPVs). The compound's ability to form stable thin films enhances its application in flexible and lightweight electronic devices. Additionally, it is explored in the synthesis of electrochromic materials, which are used in smart windows and displays. Its unique properties also make it a candidate for use in sensors and light-emitting diodes (LEDs).