This chemical is primarily used in the development of organic electronic materials, particularly in the field of organic photovoltaics (OPVs) and organic field-effect transistors (OFETs). Its structure is designed to enhance light absorption and charge transport properties, making it a valuable component in the active layers of solar cells. The material contributes to improving the efficiency and stability of these devices, which are essential for renewable energy applications. Additionally, it is utilized in research focused on creating flexible and lightweight electronic components, paving the way for innovations in wearable technology and portable electronics.