This chemical is primarily utilized in the field of organic electronics, particularly in the development of advanced materials for optoelectronic devices. It serves as a key component in the synthesis of organic light-emitting diodes (OLEDs), where it functions as a hole-transporting material. Its unique molecular structure enhances the efficiency and stability of OLEDs, making it suitable for applications in high-performance displays and lighting systems. Additionally, it is employed in the fabrication of organic photovoltaic (OPV) cells, contributing to improved charge carrier mobility and overall device performance. Its role in these technologies supports the advancement of energy-efficient and flexible electronic devices.