Used as a phosphorescent emitter in organic light-emitting diodes (OLEDs), particularly in display and lighting technologies. Its structure enables efficient red to near-infrared emission with high quantum yield, making it suitable for deep-color pixels in high-resolution screens. The compound exhibits good thermal stability and film-forming properties when deposited via vacuum sublimation. It is also employed in research settings to develop efficient, long-lasting electroluminescent devices due to its strong spin-orbit coupling and balanced charge transport characteristics.