Used as a key intermediate in the synthesis of organic semiconductors, particularly in the development of hole-transport materials for OLED (organic light-emitting diode) devices. Its structure supports high thermal stability and efficient charge transport, making it suitable for use in display technologies and solid-state lighting. Also employed in the formulation of dyes and pigments due to its extended conjugated system, which contributes to strong light absorption and color intensity. Additionally, it finds application in research settings for designing novel electroactive materials.