This chemical is primarily utilized in the field of organic electronics, particularly in the development of advanced materials for optoelectronic devices. Its unique structure makes it a valuable component in the synthesis of conjugated polymers and small molecules, which are essential for organic solar cells and light-emitting diodes (OLEDs). The compound serves as a key building block in the creation of donor-acceptor type materials, enhancing the efficiency of charge transfer and light absorption in these devices. Additionally, its incorporation into thin-film transistors and sensors contributes to improved performance and stability in electronic applications.