This chemical is primarily utilized in the field of organic electronics, particularly in the synthesis of advanced materials for optoelectronic devices. It serves as a crucial building block in the development of conjugated polymers and small molecules, which are essential components in organic solar cells and light-emitting diodes (OLEDs). Its unique structure allows for efficient charge transport and enhanced light absorption, making it valuable in improving the performance of these devices. Additionally, it is employed in research focused on creating novel semiconductor materials with tailored electronic properties, contributing to advancements in flexible and wearable electronics.