This chemical is primarily utilized in the development of organic light-emitting diodes (OLEDs) due to its excellent charge transport properties and ability to enhance device efficiency. It serves as a key component in the emissive layer, contributing to improved brightness and color stability in display technologies. Additionally, it is explored in organic semiconductor research for its potential in photovoltaic cells and other optoelectronic applications. Its unique molecular structure allows for effective tuning of electronic properties, making it valuable in advanced material science and engineering.