This chemical is primarily utilized in the field of organic electronics, particularly in the development of organic semiconductors. Its structure makes it a valuable component in the synthesis of conjugated polymers, which are essential for creating efficient organic photovoltaic (OPV) devices. These devices are used in solar cells to convert sunlight into electricity. Additionally, it serves as a building block in the production of organic field-effect transistors (OFETs), which are crucial for flexible and lightweight electronic applications. Its incorporation into these materials enhances charge carrier mobility, leading to improved performance in electronic devices.