Used primarily in organic electronics, this compound serves as a key material in organic light-emitting diodes (OLEDs) due to its excellent hole-transport properties and high thermal stability. Its rigid, conjugated structure enhances electron delocalization, making it effective as a host or emissive layer component in blue OLED devices. It is also employed in perovskite solar cells as a hole-transporting layer, contributing to improved device efficiency and stability. Additionally, its film-forming ability and morphological stability support its use in thin-film transistor applications and other advanced optoelectronic devices.