Used primarily in the field of organic electronics, this compound serves as a key material in the development of organic light-emitting diodes (OLEDs). Its structure is optimized for use in the emissive layer of OLED devices, where it enhances efficiency and stability due to its excellent charge transport properties. Additionally, it is utilized in the fabrication of organic photovoltaic cells, contributing to improved energy conversion efficiencies by facilitating better charge separation and transport. The compound is also explored in the design of advanced sensors and as a host material in phosphorescent OLEDs, where it helps in achieving high brightness and long operational lifetimes.