Used as an intermediate in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions for the preparation of conjugated organic materials. Commonly applied in the development of organic light-emitting diodes (OLEDs), where it serves as a building block for hole-transport materials or host compounds in emissive layers. Its biphenyl and carbazole moieties contribute to high thermal stability and efficient charge transport, making it suitable for use in advanced optoelectronic devices. Also employed in the synthesis of organic semiconductors for photovoltaic cells and field-effect transistors due to its tunable electronic properties.