This chemical is primarily utilized in the development of organic semiconductors and conductive polymers. Its unique structure makes it a valuable building block in the synthesis of materials for organic electronic devices, such as organic field-effect transistors (OFETs) and organic photovoltaics (OPVs). The incorporation of this compound into polymer chains enhances the material's electrical conductivity and stability, which is crucial for efficient energy conversion and device performance. Additionally, it is employed in research focused on creating advanced materials for flexible electronics and light-emitting diodes (LEDs), contributing to innovations in next-generation electronic technologies.