This compound is primarily utilized in the development of organic semiconductors, particularly in the field of organic photovoltaics (OPVs) and organic field-effect transistors (OFETs). Its unique structure allows for efficient electron transport and stability, making it a key component in the creation of high-performance solar cells. Additionally, it is used in the synthesis of conjugated polymers, which are essential for producing flexible and lightweight electronic devices. Its applications also extend to the design of organic light-emitting diodes (OLEDs), where it contributes to improved efficiency and color purity.