Widely used in the production of organic light-emitting diodes (OLEDs) due to its excellent hole-transporting properties, enhancing device efficiency and stability. It serves as a key component in the development of high-performance electronic displays and lighting systems. Additionally, it is utilized in the synthesis of advanced materials for optoelectronic applications, contributing to innovations in flexible and wearable electronics. Its thermal and chemical stability makes it suitable for use in various high-tech industries, including solar cells and photovoltaics.