Widely used in organic electronics, this compound serves as a key building block in the development of organic light-emitting diodes (OLEDs). Its rigid, conjugated structure provides excellent thermal stability and efficient charge transport, making it ideal for use as a host material in blue-emitting OLED devices. It is also employed in the synthesis of hole-transport materials and as a component in phosphorescent OLEDs to enhance device efficiency and lifetime. Due to its electron-donating properties and high triplet energy, it supports effective energy confinement in emissive layers. Additionally, it finds application in perovskite solar cells as a dopant-free hole-transport layer, contributing to improved device performance and stability.