This chemical is primarily utilized in the development of organic light-emitting diodes (OLEDs) due to its excellent electron-transporting properties. It is often incorporated into the emissive layer of OLED devices to enhance efficiency and stability. Additionally, it is used in the synthesis of advanced materials for optoelectronic applications, such as organic photovoltaic cells, where it contributes to improved charge carrier mobility. Its unique structure also makes it a candidate for research in organic semiconductors and other electronic devices.