This compound is primarily utilized in the development of organic semiconductors and conductive polymers. Its unique structure makes it a valuable building block for creating materials with high electrical conductivity and stability. It is often incorporated into organic field-effect transistors (OFETs) and organic photovoltaics (OPVs), where it enhances charge transport properties. Additionally, it is used in the synthesis of advanced materials for flexible electronics and wearable devices due to its ability to form thin, durable films. Its application in energy storage systems, such as supercapacitors, is also being explored for improving performance and efficiency.