Used primarily in the field of organic electronics, this compound serves as a key material in the development of organic light-emitting diodes (OLEDs) and organic photovoltaic cells (OPVs). Its ability to facilitate charge transport makes it valuable in creating efficient and stable electronic devices. Additionally, it is utilized in research for synthesizing advanced organic semiconductors, contributing to innovations in flexible and lightweight electronic components. Its role in photoconductive materials also supports advancements in imaging and sensing technologies.