This chemical is primarily utilized in the field of organic electronics due to its unique electronic properties. It serves as a key component in the development of organic semiconductors, which are essential for manufacturing flexible and lightweight electronic devices. Its application is particularly significant in the creation of organic light-emitting diodes (OLEDs) and organic photovoltaic cells (OPVs), where it enhances the efficiency and stability of these devices. Additionally, it is used in the synthesis of advanced materials for sensors and transistors, contributing to the advancement of next-generation electronic technologies.