This chemical is primarily utilized in the field of organic electronics, particularly in the development of conductive polymers and organic semiconductors. Its unique structure allows it to act as an effective dopant or building block in the synthesis of materials used in organic light-emitting diodes (OLEDs) and organic photovoltaic (OPV) cells. The compound's ability to enhance charge transport properties makes it valuable in improving the efficiency and performance of these devices. Additionally, it is explored in research for its potential application in organic field-effect transistors (OFETs), where it contributes to the modulation of electrical conductivity. Its role in these advanced technologies highlights its importance in the ongoing development of flexible and lightweight electronic components.