This chemical is primarily utilized in the development of organic light-emitting diodes (OLEDs) due to its excellent electron-transporting properties and high thermal stability. It serves as a key component in the emissive layer of OLED devices, enhancing efficiency and brightness. Additionally, it is employed in the fabrication of organic photovoltaic (OPV) cells, where it aids in improving charge carrier mobility and overall device performance. Its unique structure also makes it suitable for use in organic field-effect transistors (OFETs), contributing to better electrical conductivity and stability in electronic applications.