This chemical is primarily utilized in the development of organic light-emitting diodes (OLEDs) due to its excellent charge transport properties and stability. It serves as a key component in the emissive layer, enhancing the efficiency and lifespan of OLED displays used in smartphones, televisions, and other electronic devices. Additionally, it is explored in the field of organic photovoltaics (OPVs) to improve the performance of solar cells by optimizing light absorption and energy conversion. Its unique structure also makes it a candidate for advanced materials research, particularly in the design of high-performance organic semiconductors.