Used primarily in the development of organic light-emitting diodes (OLEDs), this compound serves as a key material in the emissive layer due to its excellent charge transport properties. Its structure allows for efficient electron and hole mobility, enhancing the performance and efficiency of OLED devices. Additionally, it is employed in the creation of high-performance organic semiconductors for use in various electronic applications, including sensors and photovoltaic cells. The compound's stability and luminescent properties make it a valuable component in advanced optoelectronic technologies.