Used as a key material in organic light-emitting diodes (OLEDs) due to its excellent hole-transporting properties, enhancing device efficiency and stability. It is also employed in the synthesis of organic semiconductors, contributing to the development of flexible electronics and displays. Additionally, it serves as a building block in photoconductive materials, improving performance in photocopiers and laser printers. Its application extends to research in optoelectronic devices, where it aids in advancing technologies like sensors and solar cells.