This chemical is primarily utilized in the development of organic light-emitting diodes (OLEDs) due to its excellent hole-transporting properties. Its structure allows for efficient charge mobility, making it suitable for use in the hole-transport layer (HTL) of OLED devices, enhancing their performance and longevity. Additionally, it is employed in the fabrication of organic photovoltaic cells (OPVs) to improve charge separation and transport, thereby increasing the efficiency of solar energy conversion. Its application extends to organic field-effect transistors (OFETs) as a semiconducting material, contributing to the advancement of flexible and wearable electronics. The compound's stability and electronic properties make it a valuable component in various optoelectronic devices.