This chemical is primarily used in the synthesis of organic semiconductors and conductive polymers, which are essential components in the development of flexible electronics, such as organic field-effect transistors (OFETs) and organic photovoltaics (OPVs). Its structure allows for efficient charge transport, making it valuable in creating materials with high electrical conductivity and stability. Additionally, it serves as a key intermediate in the production of advanced materials for sensors and light-emitting diodes (LEDs), contributing to innovations in display technologies and energy-efficient lighting solutions.