Used in organic semiconductor materials due to its extended π-conjugated system, enhancing electron transport in thin-film transistors. Employed as a key intermediate in synthesizing bioactive heterocyclic compounds, particularly in developing anti-inflammatory and antimicrobial agents. Its furan and thiophene rings contribute to photoluminescent properties, making it suitable for OLEDs and fluorescent sensors. Also applied in dye-sensitized solar cells as a sensitizer component for improved light absorption and charge transfer efficiency.