This chemical is primarily utilized in the field of organic electronics due to its excellent charge transport properties. It is often employed as a semiconductor material in organic light-emitting diodes (OLEDs) and organic field-effect transistors (OFETs). Its ability to facilitate efficient electron and hole mobility makes it suitable for use in high-performance electronic devices. Additionally, it is used in the development of optoelectronic devices, where its photophysical properties are leveraged to enhance light absorption and emission characteristics. The compound is also explored in research for potential applications in photovoltaic cells, contributing to the advancement of solar energy technologies.