Used primarily in organic electronics, this compound serves as a key intermediate in the synthesis of high-performance semiconductor materials. Its structural rigidity and electron-rich nature make it suitable for applications in organic light-emitting diodes (OLEDs) and field-effect transistors (OFETs). It is also employed in the development of hole-transport materials due to its favorable energy levels and thermal stability. Additionally, derivatives of this compound are explored in photovoltaic systems and as dopants in emissive layers to enhance device efficiency.