This chemical is primarily utilized in the development of organic semiconductors and optoelectronic materials. Its structure makes it a valuable component in the synthesis of conjugated polymers, which are essential for creating efficient organic light-emitting diodes (OLEDs) and organic photovoltaic (OPV) cells. The compound's ability to facilitate electron transport and its stability under various conditions make it suitable for use in advanced electronic devices. Additionally, it is employed in research focused on improving the performance and durability of organic electronic components, contributing to innovations in flexible displays, solar panels, and other energy-efficient technologies.