It is primarily used in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs). This compound serves as a key material in the emissive layer of OLED devices, enhancing their efficiency and stability. Its application extends to the creation of high-performance displays and lighting solutions, offering improved color accuracy and energy efficiency. Additionally, it is explored in the fabrication of organic photovoltaics (OPVs), contributing to the advancement of solar energy technologies. Its role in these applications makes it a significant component in the ongoing innovation of sustainable and efficient electronic devices.