Used in organic electronics, particularly in the development of organic field-effect transistors (OFETs) and organic photovoltaics (OPVs). Its fused-ring structure provides excellent charge carrier mobility and stability, making it suitable as a semiconductor material. Derivatives of this compound are often incorporated into conjugated polymers or small molecules to enhance light absorption and electron delocalization in solar cells. It also shows promise in flexible electronics and printable circuits due to its compatibility with solution-processing techniques.