Used primarily in the field of organic electronics, this compound serves as a key material in the development of organic semiconductors. Its application is crucial in the fabrication of devices such as organic light-emitting diodes (OLEDs) and organic photovoltaic cells (OPVs), where it enhances charge transport properties. Additionally, it is utilized in research settings to study electron transfer processes and to develop new materials with improved electrical conductivity and stability. Its role in advancing technology in display and energy conversion devices highlights its importance in modern material science.